If you need to know about batteries; you’ve come to the right place
Chinese flag点击这里访问我们的中文网站Chinese flag

Lithium Werks in China giga-investment deal

Mon, 10/22/2018 - 00:00 -- Hugh Finzel

Dutch lithium-ion battery producer Lithium Werks BV has signed a framework agreement to build a 60-hectare battery gigafactory in China’s Yangtze River Delta.

The agreement for the €1.6 billion (US$1.85bn) factory to produce cells for lithium-ion batteries was signed with the Zhejiang Jiashan Economic Development Zone Industry Corporation.

“With our Chinese partners’ help, and as we continue to grow both organically and through acquisitions, we will deliver the energy storage solutions that our customers increasingly ask for as the world transitions to clean energy,” said Lithium Werks chairman Kees Koolen (pictured centre).

Sign-up to our FREE weekly industry newsletter, to get the weeks news delivered to your inbox every Monday.