衡远新能源于2010年6月注册成立，总投资35.5亿人民币，是国际首批新能源汽车动力电池研发及制造基地。公司发展至今，成为制造基地，服务全球客户的集团公司。 衡远新能源集研发、生产、销售于一体，引进国际先进技术与海内外专家，基于客户需求进行电芯-模组-电池包三大领域的研发和制造，是吉利控股集团唯一拥有磷酸铁锂和三元锂电芯研发和制造能力的动力电池企业。

Forever New Energy Group was established in June 2010， with total investment of 3.55 billion RMB. FE is the first power battery company in GEELY Group, specialized in developing and manufacturing battery. FE has full functions of R&D, manufacturing and sales, with the advanced technology and experts in the power battery industry. FE manufactures and markets Cell, Module and Pack, and provides customized solutions. It is the only power battery enterprise with the R&D and manufacturing capability of LFP and NCM cells in GEELY.