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Another ‘gigafactory’ for Europe?

Thu, 08/10/2017 - 09:55 -- News Editor
Another ‘gigafactory’ for Europe?

New German company TerraE Holding GmbH has formed a consortium of 17 major companies and research institutions – and plans to construct two large-scale lithium-ion battery cell production plants in the country.

CEO Holger Gritzka (pictured) says the factories will be operated as “foundries”, meaning that TerraE Holding GmbH will build and operate them, and produce lithium-ion cells according to customers’ specifications.

 

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