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Home / Metal News / Report: Dutch battery company Lithium Werks to build plant in China

Report: Dutch battery company Lithium Werks to build plant in China

Dec 4, 2018 15:13

Source:SMM

Lithium Werks will invest 1.6 billion euros to build a factory that will produce 8 GWh of batteries per year

Dutch energy storage and battery company Lithium Werks and the government of Jiashan county of Zhejiang province on December 1 held the signing ceremony for a battery factory project that was agreed on during Premier Li Keqiang’s visit to the Netherlands in October.

Lithium Werks will invest 1.6 billion euros to build a 60-hectare factory that will produce 8 gigawatt-hours (GWh) of batteries per year.

Construction is expected to start in the first half of next year and the factory is expected to be commissioned at the beginning of 2021.

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