CALB announces plans for 2 new battery plants in China
Chinese battery manufacturer CALB (China Lithium Battery Technology) has signed contracts with two cities in the southern Chinese province of Guangdong to build new production facilities. The two planned factories in Guangzhou and Jiangmen will each be designed for an annual capacity of 50 GWh.
The Guangzhou factory will be built in two phases. CALB did not provide details on this, such as the scope and schedule of the first stage. It is also open which cells CALB wants to produce there.
However, there are indications of a potential customer for the cells from the new plant: since the e-car manufacturer Xpeng has its headquarters in Guangzhou, it is suspected that CALB could also supply Xpeng with battery cells in the future – at least that is what the portal CN EV Post speculates. The background is also a report by the portal 36kr from last month, according to which Xpeng wants to reduce its dependence on CATL as its main supplier.
CALB currently has seven production sites in Changzhou, Luoyang, Xiamen, Chengdu, Wuhan, Hefei and Heilongjiang with a planned capacity of 200 GWh for 2022. A few months ago, CALB had announced the expansion of its production capacity to initially 300 GWh by 2025 and later increased this target to 500 GWh by 2025 and 1,000 GWh by 2030. CALB is also planning a factory in Europe.
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