REPT Energy Co., Ltd. was established in 2017 and is one of companies invested by Tsingshan Industry (one of the Fortune Global 500 companies) in the sector of new energy by combining its own rich mineral resources in the world. REPT Energy is mainly engaged in the research, development, production and sales, from cells to system applications of power and energy storage lithium-ion battery, focusing on providing high-quality solutions for new energy vehicle power and smart energy storage system. With a registered capital of 300 million yuan, the company has now established two major bases, namely the Wenzhou Manufacturing Base and the Shanghai R & D Center.
The Wenzhou manufacturing base covers an area of 381 acres and is located in Binhai Park, Longwan District, Wenzhou Province. The total planned investment is more than 5 billion yuan, and the planned total production capacity exceeds 20GWh. 6GWh annual production capacity has been formed. The Shanghai R & D Center is located in the Shanghai Free Trade Pilot Zone. It has a technical R & D team of several hundred people, and more than 60% of them have master's degrees or higher. REPT Energy is mainly based on VDA standard size NCM batteries and LFP batteries, and its product technical strength has reached the domestic leading level. In the power battery field, REPT Energy has now cooperated with Dongfeng Passenger Cars, WELTMEISTER, SGMW, CRRC, and Xiamen KingLong and other well-known domestic OEMs, in the energy storage battery field, its products have entered the international market with many well-known domestic energy storage inverter companies, and the domestic backup power supply market share has reached 20%. Power battery shipments in 2019 have been ranking the China Top 12th.
Relying on the strong strength and abundant resources of Tsingshan Industry, basidng on large-scale industrial intelligent manufacturing technology and focusing on high-performance & high-consistent battery design technology, REPT Energy commit himself to break through the two bottlenecks of product consistency and product cost, create the most cost-effective power & energy storage battery manufacturing company in the industry and promote the development of the global new energy industry by coordinating the development of the industrial chain.