FDG Electric Vehicles Limited is an integrated electric vehicle manufacturer and is mainly engaged in (i) independent R&D, design and production of electric vehicles; (ii) R&D, production and sales of lithium-ion batteries and related products; (iii) R&D, manufacturing and sales of cathode materials for the production of lithium-ion batteries; and (iv) electric vehicle rental and direct investment.
The Company was formerly known as Sinopoly Battery Limited, which was established in 2010. Its battery production bases in Jilin and Tianjin were put into operation in 2011 and 2012, respectively. Their current production capacities are 0.38GWH and 0.42GWH, respectively. Now the second phase of Tianjin factory and the Jianyang factory in Sichuan with a design capacity of 1.5GWH and 4GWH, respectively are under construction.