New Battery Factory Plans – Asia & Europe

New Battery Factory Plans – Asia & Europe

A massive 50 GWh battery factory project planned in Asia for next year, May 25, 2017

Tesla has the most ambitious plan with Gigafactory 1 having the same capacity as the entire industry at a single location, but the world will need 100 of those to transition to electric transport and renewable energy.

A few other companies have now announced similar plans. The latest one is a 50 GWh battery factory in Asia.

Thailand-based Energy Absolute Pcl, a company developing solar projects, confirmed that it is preparing to spend up to 100 billion baht ($2.9 billion) on an important battery factory project that could produce up to 50 GWh of li-ion batteries per year.

CEO Amorn Sapthaweekul told Bloomberg this week that they have been in discussions for locations in 4 different countries, but they would prefer to stay local:

“We will choose just one location for the manufacturing plant. We would prefer to have the plant in Thailand, which will be beneficial for the country’s development. Still, we need to see clear government policy.”

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Daimler unveils its own new battery Gigafactory for electric vehicles

Fred Lambert,, May 22, 2017

Daimler is among one of the few major automakers with aggressive all-electric vehicle plans. The German automaker recently announced acceleration of electric car plans by 3 years and that they will spend $11 billion on 10 models by 2022.

They are backing this up with a new battery factory, which they officially unveiled today.

The German automaker produces its own battery packs through its ACCUmotive subsidiary and last year, they announced an important €500 million investment in a new battery factory in Kamenz, Germany.

The inauguration was a big deal today attended by Federal Chancellor Dr. Angela Merkel and Stanislaw Tillich (Minister President of Saxony), who, together with Dieter Zetsche (Chairman of the Board of Daimler AG and Head of Mercedes-Benz Cars), Markus Schäfer (Member of the Divisional Board of Mercedes-Benz Cars, Production and Supply Chain), Frank Deiss (Head of Powertrain Production and Site Manager Mercedes-Benz Plant Untertürkheim) and Frank Blome (Managing Director Deutsche Accumotive GmbH & Co. KG), laid the casing of a vehicle battery as the foundation stone.

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