Category: Gigafactory

FREYR Battery Announces Plans for U.S. Gigafactory in Georgia

New York, Oslo, and Luxembourg, November 11, 2022, FREYR Battery (NYSE: FREY) (“FREYR”), a developer of clean, next-generation battery cell production capacity, has announced the selection and purchase of a site in Coweta County, Georgia for its planned Giga America battery plant. The company selected the Bridgeport Industrial Park site through a rigorous evaluation process based…
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November 14, 2022 0

SVOLT builds additional battery cell factory in Brandenburg, Germany for European market

Frankfurt am Main / Lauchhammer, Germany, September 9, 2022 – Today, SVOLT Energy Technology Co., Ltd. (SVOLT), a global high-tech company with headquarters in China and with a European office in Frankfurt am Main, announced that it will build another battery cell factory for the European market in Lauchhammer (district of Oberspreewald-Lausitz in the German State…
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September 12, 2022 0

Toyota announces major investment in battery production capacity

Toyota Motor Corporation (Toyota) is to invest up to 730 billion yen (approximately £4.53 billion) in the supply of automotive batteries to help meet the growing demand for battery electric vehicles (BEVs). It intends to begin battery production in Japan and the United States between 2024 and 2026. The investment is aimed at giving Toyota…
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September 5, 2022 0

Volvo Group starts process to establish plant for battery production in Sweden

To meet the growing demand for battery electric heavy-duty vehicles and machines, the Volvo Group has initiated the process to establish a large-scale production plant for battery cells in Sweden. “We aim to lead the transition to a decarbonized transport system and have the long-term ambition to offer our customers solutions that are 100% fossil…
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August 5, 2022 0

FREYR Battery Sanctions Construction of its Inaugural Gigafactory

Increases plant capacity to 29 GWh, based on $1.6 billion in identified debt financing support, catalyzed by the Norwegian National Battery Strategy and Norway’s Export Credit Agency Eksfin’s indication of up to EUR 400 million in guarantees and/or loans – FREYR’s Board of Directors has sanctioned construction of Giga Arctic (combined Gigafactories 1 & 2), the…
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July 12, 2022 0

Britishvolt Acquires EAS, the German-Based Advanced Technology Battery Cell Manufacturer

Britishvolt has signed a SPA with the Monbat Group to acquire the advanced technology battery cell developer and manufacturer EAS* for €36m Nordhausen-based EAS is a pioneer in developing and producing large format lithium-ion cells using innovative and compact electrode production technology EAS acquisition complements Britishvolt’s drive to lead in the R&D and manufacture of…
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May 26, 2022 0

AECOM joins Italvolt project developing Italy’s largest Gigafactory

Global infrastructure consultant to provide process and supply chain optimisation Italvolt Spa, a company founded by Lars Carlstrom to develop Italy’s largest Gigafactory, has signed a partnership with AECOM, the world’s trusted infrastructure consulting firm. Under the terms of the agreement, AECOM will deliver a range of professional services aimed at optimising operations across the…
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May 11, 2022 0