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Firm reveals plans for Africa’s first lithium-ion gigafactory to supply the energy storage and EV markets

Fri, 11/15/2019 - 12:56 -- paul Crompton

With a raw battery materials supply to rival anywhere in the world, Africa seems the perfect place to build a lithium-ion battery manufacturing plant, yet North America, Europe and Asia have been the locations of choice— until now.

The Megamillion Energy Company aims to be Africa’s first large-scale producer of lithium-ion batteries and plans to build a 32GWh per year facility by 2028 for both the energy storage and electric vehicle markets.

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