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CTI Symposium Monday, 9 December, 2019 to Thursday, 12 December, 2019
International Conference on Batteries and Energy Storage Technologies Monday, 9 December, 2019 to Tuesday, 10 December, 2019
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Thüringen

Germany coughs up cash to host CATL gigafactory

Germany is dipping into an economic aid fund to support the construction of a battery cells factory in the country by Chinese lithium giant Contemporary Amperex Technology (CATL), BEST Battery Briefing can reveal.

CATL confirmed last week it would invest €240 million (US$280m) to build the electric vehicle (EV) battery plant at Erfurt, in the east-central state of Thüringen.

germany

china

CATL

plant

lithium-ion batteries

Thüringen