CATL Starts Series Production Of EV Battery Cells In Germany via insideevs.com
The initial manufacturing capacity is estimated at 8 Gigawatt hour per year, although in the future, it's expected to reach 14 GWh per year. According to CATL, at a total investment of up to $1.9 billion up to 2,000 new jobs will be created in Germany."The production kickoff proves that we kept our promise to our customers as a reliable partner of the industry and we stay committed to Europe's e-mobility transition even under very challenging conditions like the pandemic.
The company does not elaborate on the cell form factor or battery chemistry, but we guess that it's the prismatic form factor. CATL is currently investing an even higher amount - $7.8 billion - in a much larger battery plant project in Hungary, which is set for 100 GWh of batteries annually. This new factory will produce battery cells for various plug-in car manufacturers,
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