Released October 05, 2021 | GALWAY, IRELAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--Mercedes-Benz (Stuttgart, Germany), TotalEnergies SE (NYSE:TTE) (Paris, France) and Stellantis NV (Amsterdam, The Netherlands) recently became equal shareholders in Automotive Cell Company, which is set to become one of the largest European battery producers. The new company plans to build factories around the world, starting in Europe.
France and Germany are among the possible locations for new manufacturing plants, along with Spain and Italy. Mercedes-Benz is considering the construction of additional plants for its European network.
Industrial Info is tracking about US$55 billion worth of lithium-ion battery-manufacturing projects across Europe. Subscribers to Industrial Info's Global Market Intelligence (GMI) Industrial Manufacturing Project Database can click here for a list.
Click on the image at right for a graph detailing the top 10 lithium-ion battery-manufacturing companies across Europe, by total investment value.
Demand is high for electric car batteries, with Mercedes-Benz, TotalEnergies and Stellantis investing in their own production lines. Mercedes-Benz, in particular, acknowledges it must increase its production capacity by the end of the decade.
Other locations in Europe are at stake. Spanish and Italian companies are struggling to find locations for their facilities. Negotiations in Italy have been underway for several months, and local authorities have announced that 600 million euros will be allocated to the construction of plants with production capacities of at least 37 gigawatt-hours (GWh).
Mercedes-Benz recently started production in Jawor, Poland, but is unlikely to make any further investments in that country.
France and Germany are among the possible locations for new manufacturing plants, along with Spain and Italy. Mercedes-Benz is considering the construction of additional plants for its European network.
Industrial Info is tracking about US$55 billion worth of lithium-ion battery-manufacturing projects across Europe. Subscribers to Industrial Info's Global Market Intelligence (GMI) Industrial Manufacturing Project Database can click here for a list.
Demand is high for electric car batteries, with Mercedes-Benz, TotalEnergies and Stellantis investing in their own production lines. Mercedes-Benz, in particular, acknowledges it must increase its production capacity by the end of the decade.
Other locations in Europe are at stake. Spanish and Italian companies are struggling to find locations for their facilities. Negotiations in Italy have been underway for several months, and local authorities have announced that 600 million euros will be allocated to the construction of plants with production capacities of at least 37 gigawatt-hours (GWh).
Mercedes-Benz recently started production in Jawor, Poland, but is unlikely to make any further investments in that country.