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Companies invest in EV battery factories in Europe

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Updates with factories planned by ACC, Douvrin, Dunkirk, Heide

June 6 (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, of those operating and those planned:


* Automotive Cells Company (ACC) - a JV of Stellantis STLAM.MI, STLAM.PA, Mercedes Benz MBGn.DE and TotalEnergies TTEF.PA - secured financing worth 4.4 billion euros ($4.76 billion) in February. It plans to spend over 7 billion euros on three gigafactories in Europe with 40 GWh capacity each by 2030.

However, ACC said in June it had paused work on factories in Germany and Italy as it switches to lower-cost batteries amid slowing demand for electric vehicles.

* 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.




* SENEFFE-MANAGE: Avesta Battery and Energy Engineering expects its 40 million euro plant to be fully operational before 2030, with capacity of 3 GWh.



* 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 of output with production due to 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.



* HORNI SUCHA: 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.



* KOTKA: Finnish Minerals Group has signed a memorandum of understanding with a potential partner for a cell production plant. An environmental impact assessment for the facility, based on options for 27 GWh and 40 GWh of output, will be completed by summer 2024.

* N/A: China's Svolt shortlisted Finland among other countries as a potential location for a battery cell factory with capacity of about 50 GWh.



* DOUVRIN: The ACC Douvrin plant was inaugurated on May 30, 2023, with operations starting in the second half of the year.

In March, ACC and Bouygues' BOUY.PA energy arm Equans signed an investment deal to double the plant's production capacity, currently 13 GWh, by 2026.

* 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.


* 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 targeted capacity of 48 GWh.

* DUNKIRK: French start-up Verkor said in May it had secured more than 1.3 billion euros in financing for a factory in Dunkirk it is building with targeted capacity of 12 GWh. Renault RENA.PA will be its biggest client.



* 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.

* 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.


* 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 billion-5 billion euros in the plant.

In June, Bloomberg reported that Germany was pushing Northvolt to build a second gigafactory in the country.

* KAISERSLAUTERN: One of ACC's three gigafactories is expected to start operations in 2025, but the group put works on hold in June.

* 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 targeted capacity of 40 GWh.

* TUBINGEN: Cellforce plans to launch a 100 MWh plant in 2024.



* GOED: Samsung's 1.2 billion euro factory with 30 GWh capacity started production in 2018.


* 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 two to three years.

* DEBRECEN: China's EVE Power will spend 1 billion euros to build a 28 GWh plant, Hungary's foreign minister said in May.



* SCARMAGNO, ROMANO CANAVESE: Italvolt expects a 3.5 billion euro plant to be operational by 2024, with targeted 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. The plant was set to open in 2026 and to reach full capacity in 2030, but the group put works on hold in June.



* MO I RANA: FREYR expects its $1.7 billion plant to be fully operational by 2028, with targeted 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 targeted capacity of 32 GWh.

* HAUGALAND: Beyonder's plant will be fully operational by 2024, with targeted 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.



* 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.



* SINES: China's CALB expects its factory to start operating by end-2025 at 15 GWh, rising to 45 GWh in 2028.



* 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.


* 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.



* 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.



* BASQUE COUNTRY: BASQUEVOLT plans to invest more than 700 million euros in 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 starting by 2026.

* VALLADOLID: InoBat signed a declaration of intent with the Spanish government to set up a 32 GWh factory worth 3 billion euros.



* SKELLEFTEA: Northvolt's factory started production in 2021 and targets 40 GWh by 2025.


* 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) on a plant set to start production by 2025, with targeted capacity of 50 GWh.



* FRAUENFELD: SCB expects its plant worth 775 million Swiss francs ($880 million) to be fully operational before 2030, with a 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? nL8N35N6NN

Compiled by Alessandro Parodi, Tiago Brandao and Matteo Allievi; Editing by Barbara Lewis, Milla Nissi and Jan Harvey


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دستبرداری: XM Group کے ادارے ہماری آن لائن تجارت کی سہولت تک صرف عملدرآمد کی خدمت اور رسائی مہیا کرتے ہیں، کسی شخص کو ویب سائٹ پر یا اس کے ذریعے دستیاب کانٹینٹ کو دیکھنے اور/یا استعمال کرنے کی اجازت دیتا ہے، اس پر تبدیل یا توسیع کا ارادہ نہیں ہے ، اور نہ ہی یہ تبدیل ہوتا ہے یا اس پر وسعت کریں۔ اس طرح کی رسائی اور استعمال ہمیشہ مشروط ہوتا ہے: (i) شرائط و ضوابط؛ (ii) خطرہ انتباہات؛ اور (iii) مکمل دستبرداری۔ لہذا اس طرح کے مواد کو عام معلومات سے زیادہ کے طور پر فراہم کیا جاتا ہے۔ خاص طور پر، براہ کرم آگاہ رہیں کہ ہماری آن لائن تجارت کی سہولت کے مندرجات نہ تو کوئی درخواست ہے، اور نہ ہی فنانشل مارکیٹ میں کوئی لین دین داخل کرنے کی پیش کش ہے۔ کسی بھی فنانشل مارکیٹ میں تجارت میں آپ کے سرمائے کے لئے ایک خاص سطح کا خطرہ ہوتا ہے۔

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