News — Battery Gigafactory

Lithium Werks Announces Construction Of Battery Gigafactory In China Lithium Werks is a lithium-ion battery manufacturer that has its headquarters located in the Netherlands. In October, it announced a partnership with the Chinese Zhejiang Jiashan Economic and Technological Development Zone Industry Corporation. They signed an agreement to construct a gigafactory on 60 hectares of land in Jiangsheng, a city near Shanghai. This week, the company announced that construction is set to start in 2019 and that the factory will have “an initial annual production capacity of 8GWh.” Once operational, this will be the first battery Gigafactory in China built by a...