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Envision Energy Breaks Ground on Battery Gigafactory in Spain

published: 2024-07-11 17:42

On July 8th, Envision Energy held a groundbreaking ceremony for its battery gigafactory in Navalmoral de la Mata, Spain. The event was attended by Spanish Prime Minister Pedro Sánchez, Envision Group Chairman Zhang Lei, and Envision Energy's Chief Executive Officer for the U.S. and Europe, Franz Notz.

The Envision Energy factory in Spain will develop and manufacture the latest generation of lithium iron phosphate (LFP) battery products, with production expected to begin in 2026. This will be the first LFP battery gigafactory in Europe. The factory will also leverage the continent's first zero-carbon industrial park to produce zero-carbon battery products.

Prime Minister Sánchez stated that Envision is a global leader in green technology, innovating and creating advanced products and technologies in wind turbines, energy storage, batteries, green hydrogen and ammonia, and new power systems. Envision pioneered the zero-carbon industrial park model, laying the foundation for a global green industrial system. Envision is a key partner in Spain's energy and digital transformation, aiding the country in achieving its carbon neutrality goals.


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