A German consortium is preparing to set up major lithium-ion battery cell production facilities at two locations.
Led by a company called TerraE Holding GmbH, the group aims to target customers in the transport and industrial sectors who want to achieve “strategic delivery security” and to participate in the project.
The consortium comprises companies ranging from machine engineering firms to cell manufacturers and material producers. Its factories will be so-called foundries – customers will come with their own specifications, and the factories will build them.
