National Power Battery R&D Center Settled at CNOOC
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The Revenue Management Bureau of the State-owned Assets Supervision and Administration Commission of the State Council said recently that it will strongly support the construction plan of China National Offshore Oil Corporation (hereinafter referred to as “ CNOOC â€) state-level power battery R&D center. This year it will build support for the center for RMB 105 million. Follow-up will be provided every year depending on the situation. Big support. By then, the research results of the center are expected to break the "bottleneck" of China's immature power and energy storage battery technology and insufficient industrialization capacity, and will vigorously promote the industrialization of power batteries and the development of electric vehicles.
According to the plan, CNOOC’s state-level power battery R&D center will include: basic R&D, product research and development (including batteries, battery management systems, chargers), engineering technology development, system application technology development, standards and forward-looking technology research, testing and certification tests. Big technology research and development platform. 
The R&D center will focus on the entire industrial chain of power batteries and focus on continuously improving the energy density, power density, safety, and cycle stability of power batteries. After five years of development, the R&D center will have around 500 employees at the end of the “Twelfth Five-Year Plan†period. The research and development team has built a complete basic application research-pilot test-industrialization-amplified national power battery R&D center.
It is reported that as a large state-owned enterprise, as early as the end of 2006, CNOOC set up a New Energy Investment Co., Ltd., and actively attacked cities across the country. In July 2009, CNOOC invested RMB 5 billion in Tianjin Lishen Battery Co., Ltd., which is a manufacturer of lithium batteries for electric cars, to build 20 battery production lines at a new plant in Tianjin.
In 2009, CNOOC and Putian Group established a joint venture Putian Offshore Oil New Energy Power Co., Ltd., and later the latter as the lead and Zhongtai Automobile to build a charge-for-power station pilot in Hangzhou. On March 21, 2011, CNOOC and State Grid discussed the construction of car battery and electric vehicle charging and exchange network. The State Grid subsequently announced that the State Grid will strengthen cooperation with China National Offshore Oil Corporation in the electric vehicle industry.