Factbox: Companies invest in EV battery factories in Europe

LG Chem

25/03/2024 12:17

(Adds section for plans in Europe; updates Britain, Czechia,
Finland, France, Germany, Hungary, Norway and Serbia)
       March 25 (Reuters) - Europe is seeking to attract
electric vehicle (EV) battery makers to build factories in the
region - home to carmakers such as Volkswagen and Stellantis -
as it tries to cut dependency on Asia and win a green subsidies
race with the United States.
    Below is an overview, including by country listing those
operating and those planned:

    PLANNED FACTORIES IN EUROPE
        * Automotive Cells Company (ACC) - a JV of Stellantis,
Mercedes Benz  MBGn.DE  and TotalEnergies  TTEF.PA  - secured 
    financing
     worth 4.4 billion euros ($4.76 billion) in February as it 
    plans
     to spend over 7 billion euros on three gigafactories in
Europe with a capacity of 40 GWh each by 2030.
        * Stellantis  STLAM.MI  aims to build a 
    plant
     to produce lithium iron phosphate (LFP) batteries in Europe
as part of a planned joint venture with Chinese EV battery giant
CATL  300750.SZ . CEO Carlos Tavares said in January the group
was in talks with the Spanish government to secure subsidies to
build a gigafactory in the country. 
        
  
        BY COUNTRY
  
        
  
        BELGIUM
  
    PLANNED
    * SENEFFE-MANAGE: Avesta Battery and Energy Engineering
expects its 40-million-euro plant to be fully operational before
2030, with capacity of 3 GWh.

    BRITAIN
    PLANNED
    * COVENTRY: The West Midlands Gigafactory JV said in October
it was in advanced talks with several Asian battery makers about
investment at the site, following Coventry's approval for a
potential plant. The pitch includes 60 GWh output with
production start in 2025.
    * SOMERSET: India's Tata Group  TAMO.NS  will build a
4-billion-pound ($5 billion) gigafactory to supply its Jaguar
Land Rover factories. The plant will have initial output of 40
GWh, with production starting in 2026.
    * SUNDERLAND: China's Envision is building a factory near
Nissan's  7201.T  plant, with production to start in 2025 and
capacity of 12 GWh.
    * N/A: Nanotech Energy is investigating seven sites in the
UK as a final location for a planned 1-billion-pound factory.

    CZECHIA
    OPERATING
    * HORNÌ SUCHÀ: MES targets output of 15 GWh at a plant worth
1.4 billion Czech crowns ($63 million), opened in September 2020
with initial capacity of 200 MWh.

    FINLAND
    PLANNED
    * KOTKA: Finnish Minerals Group has signed a MoU with a
potential partner for a cell production plant. Environmental
impact assessment for the facility, based on options with 27 GWh
and 40 GWh output, will be completed by summer 2024.
    * N/A: China's Svolt short-listed Finland among other
countries as the potential location for a battery cell factory
with capacity of about 50 GWh.
    
    FRANCE
    OPERATING
    * DOUVRIN: The ACC Douvrin plant was inaugurated on May 30,
2023, with operations starting in the second half of the year.
    * QUIMPER: Blue Solutions' factory in Ergue-Gaberic was
inaugurated in 2013. The company says on its website its two
factories in France and Canada have combined capacity of 1.5
GWh. It was not clear how much of this was in France.

    PLANNED
    * HAUTS-DE-FRANCE: Stellantis-backed Tiamat Energy plans to
raise 150 million euros to build a 5 GWh gigafactory for
sodium-ion battery cells by 2029.
    * DOUAI: Envision is investing up to 2 billion euros in an
AESC gigafactory near the "Renault ElectriCity" EV hub. The
plant will have capacity of 9 GWh in 2024 and targets 24 GWh by
2030.
    * DUNKIRK: Taiwan's ProLogium is working to secure
government subsidies for a 5.2-billion-euro factory. Production
is slated to begin in 2026, with aimed capacity of 48 GWh.
    * DUNKIRK: French start-up Verkor is building a factory in
Dunkirk with targeted capacity of 12 GWh. Renault  RENA.PA  will
be its biggest client.
    
    GERMANY
    OPERATING
    * GRUENHEIDE: Tesla  TSLA.O  is seeking approval from the
German government to double the capacity of its 5-billion-euro
battery plant near Berlin from its current 50 GWh.
    * DOBELN: Launched by Swiss Blackstone Resources  4BRN.D  at
the end of 2021, the plant targets up to 5 GWh capacity by 2024.
    * ERFURT: China's CATL is ramping up capacity of its plant
from 8 GWh to 14 GWh.
    * LUDWIGSFELDE: Microvast's  MVST.O  plant has capacity of
1.5 GWh and targets up to 6 GWh.
    
    PLANNED
    * HEIDE: Northvolt on March 25 began construction of its
plant after 902 million euros in German government subsidies
were approved by the European Commission in January. It plans to
invest 3-5 billion euros in the plant.
    * KAISERSLAUTERN: One of ACC's three gigafactories is
expected to start operations in 2025.
    * LAUCHHAMMER, UBERHERRN: Svolt will invest up to 2 billion
euros in two plants. The first one in Uberherrn starts
production at the end of 2023, with aimed capacity of 24 GWh.
The second one in Lauchhammer will be operational in 2025, with
target capacity of 16 GWh.
    * SALZGITTER: Volkswagen  VOWG_p.DE  plans to build six
plants in Europe totaling 240 GWh by 2030. Production at the
first plant will start in 2025 with aimed capacity of 40 GWh.
    * TUBINGEN: Cellforce plans to launch a 100 MWh plant in
2024.
    
    HUNGARY    
    OPERATING
    * GOED: Samsung's 1.2-billion-euro factory with 30 GWh
capacity started production in 2018.
    
    PLANNED
    * DEBRECEN: CATL is building a 7.3-billion-euro plant
targeting capacity of 100 GWh. It started construction in 2022
and aims to start production in 2-3 years.
    * DEBRECEN: China's EVE Power will spend 1 billion euros to
build a 28 GWh plant, Hungary's foreign minister said in May.

    ITALY
    PLANNED
    * SCARMAGNO, ROMANO CANAVESE: Italvolt expects the
3.5-billion-euro plant to be operational by 2024, with aimed
capacity of 45 GWh.
    * TEREVOLA: FAAM expects its 570-million-euro plant to be
operational by 2024, with targeted capacity of 8 GWh.
    * TERMOLI: ACC will spend over 2 billion euros to build a
gigafactory, set to open in 2026 and to reach full capacity in
2030.
    
    LATVIA
    PLANNED 
    * RIGA: Anodox had said its 50-million-euro plant should be
operational by 2022. Reuters was unable to confirm its status.
    
    NORWAY
    PLANNED
    * MO I RANA: FREYR expects its $1.7-billion plant to be
fully operational by 2028, with aimed capacity of 83 GWh.
    * ARENDAL: Morrow expects the first expansion of its
470-million-euro plant to be operational by the first half of
2024, with aimed capacity of 32 GWh.
    * HAUGALAND: Beyonder's plant will be fully operational by
2024, with aimed capacity of 10 GWh.
    * TRONDHEIM: Elinor invested 10 billion Norwegian crowns
($935 million) in a plant set to start operations by 2026 and
with capacity of about 40 GWh by 2030.

    POLAND
    OPERATING
    * WROCLAW: LG Energy Solution's  051910.KS  plant started
production in 2017 with capacity of 100,000 batteries and a
target of 115 GWh by 2025.
    
    PORTUGAL
    PLANNED
    * SINES: China's CALB expects its factory to start operating
by end-2025 at 15 GWh and rising to 45 GWh in 2028.

    SERBIA
    OPERATING
        * SUBOTICA: ElevenES opened its LFP battery cell
facility in April aiming for output of 48 GWh by 2027. The
planned investment is 1 billion euros.
    
    PLANNED
    * CUPRIJA: InoBat plans to build a gigafactory with
government funding of 419 million euros. It will be operational
by 2025, with an initial capacity of 4 GWh and a target of 32
GWh.
    
    SLOVAKIA
    PLANNED
    * SURANY: Slovak startup Inobat and China's Gotion High Tech
 002074.SZ  will build an EV battery factory in Europe by 2026
with initial output of 20 GWh.
        
  
    SPAIN 
    PLANNED
    * BASQUE COUNTRY: BASQUEVOLT plans to invest over 700
million euros for a plant targeting capacity of 10 GWh by 2027.
    * NAVALMORAL DE LA MATA: Spain signed a deal with Envision
to build a 2.5-billion-euro plant with capacity of 30 GWh.
    * SAGUNTO: Volkswagen and partners said in 2022 they would
invest 10 billion euros in a 40 GWh plant, with production start
by 2026.
    * VALLADOLID: InoBat signed a declaration of intent with the
Spanish government to set up a 32 GWh factory worth 3 billion
euros.
    
    SWEDEN
    OPERATING
    * SKELLEFTEA: Northvolt's factory started production in 2021
and targets 40 GWh by 2025.
    
    PLANNED
    * BORLANGE: Northvolt's plant is scheduled to start
production in 2025 and be fully operational by 2030, targeting
150 GWh.
    * GOTHENBURG: Northvolt spent 30 billion Swedish crowns ($3
billion) in a plant set to start production by 2025, with aimed
capacity of 50 GWh.
    
    SWITZERLAND 
    PLANNED
    * FRAUENFELD: SCB expects the plant worth 775 million Swiss
francs ($880 million) to be fully operational before 2030, with
target of 7.6 GWh.

    ($1 = 0.9247 euros)
  
    ($1 = 0.7920 pounds)
  
    ($1 = 22.2040 Czech crowns)
  
    ($1 = 10.6904 Norwegian crowns)
  
    ($1 = 10.4404 Swedish crowns)
  
    ($1 = 0.8809 Swiss francs)
  

    <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
FACTBOX-What's in the EU's green industrial plan?    
 urn:newsml:reuters.com:*:nL8N35N6NN
    ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^>
 (Compiled by Alessandro Parodi, Tiago Brandao and Matteo
Allievi; editing by Barbara Lewis and Milla Nissi)
 ((Alessandro.Parodi@thomsonreuters.com;))