Battery Production

In Spain, CATL and Stellantis have begun construction on a four-billion-euro, 50-gigawatt-hour battery factory for LFP cells scheduled to go into operation in 2026.

Chinese battery manufacturer Gotion High-tech has begun series production of so-called unified cells for Volkswagen. The supply contract is valid from 2026 to 2032.

Beijing HyperStrong Technology will receive battery cells with a total capacity of at least 200 gigawatt-hours from CATL between early 2026 and late 2028.

From 2027, LG Energy Solution will be producing lithium iron phosphate (LFP) batteries for stationary energy storage systems (ESS) in its home country of South Korea.

Toyota has started battery production at its 13.9-billion-dollar gigafactory in North Carolina, where annual capacity is expected to reach around 30 gigawatt-hours by 2030.

SolarPower Europe has called on the European Commission to develop a specific action plan for battery storage capacity with the aim of increasing it tenfold by 2030.

Toyota has postponed the construction of a battery plant in Japan for the second time in order to reassess the project in 2026 and adjust its plans.

Chinese battery manufacturer Gotion High-Tech has begun construction of a gigafactory in Šurany, Slovakia. A comparable Gotion plant is currently being built in Morocco.

Volkswagen subsidiary PowerCo has begun construction of a 90-gigawatt-hour, five-billion-US-dollar battery cell factory in Canada, the companyʼs first such facility outside of Europe.

“TRICERA energy” and Eurus Energy Europe will be integrating a new battery storage system into an existing wind farm infrastructure in the Netherlands.