CATL gets approval to start new construction of its battery cell factory in Germany
Chinese battery manufacturer CATL has been officially granted the requisite approval for starting the new construction of its battery cell factory in Erfurt, Germany.
CATL has revealed that the go-ahead for the company’s new battery cell factory construction has been given by Anja Siegesmund, the Minister of the Environment for the Thuringia region. The approval from the Thuringian State Office for the Environment, Mining and Nature Conservation (TLUBN) was eagerly awaited by CATL before commencing the new construction of its Erfurt battery cell factory.
With the official approval now having been received by CATL, the company’s European head Matthias Zentgraf has said that the ground-breaking ceremony at the factory will likely take place in the 2019 fourth quarter.
Zentgraf also said that CATL previously planned to hold the ground-breaking ceremony at the battery cell factory in mid or late September 2019. However, the ceremony was been postponed because the company had not got the due approval from the German authorities.
CATL was earlier planning to commence the battery cell production at the Erfurt factory in 2021, and was aiming at an annual production capacity of 14 GWh. However, the company later expanded its original plans. Initially, CATL’s Chinese headquarters had planned a EUR 240 million investment in the factory by 2022, but in June this year, the planned investment was substantially increased to EUR 1.8 billion by the CATL board of directors.
United Kingdom News
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