ElevenEs opens 'Europe's first LFP battery cell factory'

Lithium-ion battery cell manufacturer ElevenEs has opened what it says is Europe's “first LFP [lithium iron phosphate] battery cell manufacturing facility" in Serbia.

The production site, located in Subotica, will specialise in producing LFP prismatic cells which are shipped to customers for sample A and B testing across a variety of applications, including electric cars, buses, trucks and energy storage systems.

The industrial facility will expand to become the company’s Mega-Factory in 2024, producing 500MWh.

ElevenEs plans to eventually open two gigafactories: Giga-I producing 8GWh by 2026 and Giga-II producing 40GWh by the end of 2027.

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