European Car Companies Plan Battery Factories to Supply EV Transition -- At a Glance
European car makers aim to streamline the supply chain needed
for their intended transition to electric vehicles, and securing
lithium-ion batteries will play a major part. On Monday, Stellantis
announced a second deal for a battery factory in the U.S. Here are
major companies' plans to build battery plants, tagged
"gigafactories" by the industry, to supply the expected influx of
fully electric vehicles.
-- Stellantis plans to have five battery factories operating
between Europe and North America 2030, according to its strategic
The Amsterdam-based maker of Jeep, Dodge, and Peugeot said in
May that its first gigafactory, in Douvrin, France, will be
partially operational by the end of the year. That lithium-ion
battery plant is a project of Automotive Cells Company, the
battery-maker owned equally by Stellantis, Mercedes-Benz, and
Stellantis also has three plants planned in North America. A
Canadian factory, in partnership with South Korea-based LG Energy
Solution, could be operational next year. Two factories in the
U.S.--one under construction and one planned--in partnership with
South Korean battery firm Samsung SDI will give the car maker a
foothold in that crucial market. One gigafactory should be
operational in 2025 and the other in 2027.
-- Volkswagen's strategy includes securing raw materials,
assembling batteries and manufacturing cells under its PowerCo
unit. The German car maker said that PowerCo intends to operate six
battery-cell factories in Europe by 2030.
Its first battery cell factory is under construction in
Salzgitter, Germany, with the help of Gotion High-Tech, a Chinese
battery supplier of which Volkswagen owns a majority stake.
The German car maker also has one battery factory planned each
in Canada, Spain and Sweden.
-- Renault, along with Japanese battery producer Envision AESC,
said it plans to open a gigafactory next year in Douai, France.
The French car maker also plans to open a battery plant in
Dunkirk with Verkor, a French battery company. That project is set
to open in 2025 and supply Renault's premium electric vehicles.
Renault also has a joint venture with China's Minth Group to
manufacture battery casings at a factory in Ruitz, France, set to
open in 2025.
-- Mercedes-Benz plans said it plans to build eight battery cell
factories worldwide by 2030.
The German luxury car maker, which co-owns Automotive Cells
Company with Stellantis and TotalEnergies, will use that venture to
build facilities in Europe, according to its latest annual
It has also teamed up with China's Contemporary Amperex
Technology Co.--known as CATL--to produce battery cells and modules
in Debrecen, Hungary. Mercedes will partner with Japan's Envision
AESC on factories in the U.S., it said, including on in
-- BMW Group said it plans to partner with various companies to
build six battery plants--two in China, two in Europe and two in
Last year the German luxury car company said it has contracts
with Chinese battery manufacturers CATL and Eve Energy to build two
plants in Europe and two in China. BMW is also partnering with
Japan's Envision AESC to build a new battery-cell plant in South
Carolina, and last year said it is expanding production at its
factory in Shenyang, Liaoning province, China.
BMW already assembles batteries for electric vehicles at four
plants--two in Germany, one in the U.S., and one in Shenyang,
according to its annual report. It will begin to assemble batteries
at a Hungary facility in 2025 and in Mexico in 2027.
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(END) Dow Jones Newswires
July 24, 2023 02:23 ET (06:23 GMT)
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