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Feb 24, 2025 · Chinese battery manufacturer CALB will start with the construction of its first European battery factory this year. The plant at the port of Sines,
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Feb 24, 2025 · The Chinese company CALB has confirmed that it will invest €2Bn in Portugal to build a new lithium battery factory at Sines. The launch of the
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The factory in the coastal town of Sines, around 100 kilometres (60 miles) south of the capital Lisbon, is due to become operational by the end of 2025. It will "serve the strong customer
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Feb 26, 2025 · CALB invests $2.09 billion in a gigafactory in Sines, Portugal, to produce 15 GWh of lithium batteries annually by 2028. This project strengthens Europe''s EV battery supply
According to the latest report on February 21st, battery manufacturer CALB will invest 2 billion euros (approximately Yuan 15.1684 billion) in Sines, Portugal to build a lithium battery factory aimed at providing high-performance energy storage batteries for the European electric vehicle industry.
The Chinese company CALB has confirmed that it will invest €2Bn in Portugal to build a new lithium battery factory at Sines. The launch of the project took place today (Monday) in Lisbon and was attended by the President of the Board of CALB, Liu Jingyu and Portugal’s Minister of the Economy, Pedro Reis.
“Our factory will not only create new jobs but will also place Portugal at the forefront of the production of batteries for electric vehicles in Europe,” he highlights. According to CALB, “this strategic investment” aims to “reinforce its presence in the European market for electric vehicles (EV) and energy storage systems (BESS)”.
The company will build cells and ready-to-install packs there. According to Reuters, CALB wants to produce lithium batteries in Portugal with a total annual capacity of 15 gigawatt hours, corresponding to around 187,000 batteries for electric vehicles per year. The batteries will be manufactured “mainly [for EVs] in the European market.”
Our factory will not only create new jobs, but will also place Portugal at the forefront of the production of batteries for electric vehicles in Europe,” said Liu Jingyu, chairman of the Board of Directors of CALB. Once operational, the plant will have a production capacity of 15 GWh of energy storage.
Read about it here. Battery Cluster Portugal, which includes CALB, Savannah, Lifthium, DST, and over 50 other entities, has been designated as one of Portugal’s four key Competitiveness Clusters for 2024-2030. This recognition underscores the sector’s strategic importance.
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