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Lopal Tech and Inx Tech have launched significant battery production projects in China, with Lopal Tech investing up to RMB 2 billion in a lithium battery cathode material project in Jiangsu Province, aiming for an annual output of 240,000 tonnes. Inx Tech has commenced production of its 10 GWh solid-state battery project, with plans to expand into eVTOL aircraft and new energy vehicles, while also establishing a production line for semi-solid-state lithium-ion batteries in Inner Mongolia and initiating a new project in Sichuan Province.