CATL boosts battery cell factory in Germany to 100GWh
The Chinese battery cell manufacturer CATL has updated the plans for its German battery factory in Erfurt, giving it a boost. The reason for this is the coming of stricter CO2 requirements in Europe. CATL considers a capacity of up to 100 GWh in Thuringia to be realistic. Our colleagues from electrive.net talked to Matthias […]
Blackstone invest €200M in European cell production
The Swiss raw materials company Blackstone Resources intends to invest 200 million euros in the production of battery cells for electric cars, most likely in Germany. They hope the move will garner subsidies both from the Germans as well as the EU.
CATL moves into German battery factory early
The Chinese battery cell giant CATL has moved into the offices near the planned battery factory in Erfurt, Germany. Moreover, they are also accelerating their entire schedule, according to European boss Matthias Zentgraf, who said “it is all about tempo”.
BMW announces billion euro contract for CATL
Harald Krüger, head of the BMW board, announced the contract with the Chinese battery manufacturer for cells valued at over one billion euros. The announcement came in an interview, where it was also confirmed that CATL will be opening a factory near Erfurt, Germany.