Sunrise new energy announces plan to construct carbon nanotube conductive additive plant in the united states, enhancing production efficiency and profits

Zibo, china, nov. 21, 2023 (globe newswire) --  sunrise new energy co., ltd. (“sunrise new energy”, the “company”, “we” or “our”) (nasdaq: epow), a leading ev battery material manufacturer, today announced its intention to construct a carbon nanotube plant in the united states by 2024, with an annual production capacity of 720 metric tons. the project envisions a main facility spanning 35,000 square meters and over a hundred production and testing equipment units. after reaching full production capacity, it is estimated that the project will generate approximately $70 million in annual revenue.
EPOW Ratings Summary
EPOW Quant Ranking