Farizon Power's new overseas factory settles in Spain.

Spanish local media reported on June 3 that Envision AESC will build a super factory in Navalmoral de la Mata, Spain with a planned capacity of 30 GWh, which is expected to be completed and put into production in 2025.

The new factory will provide top global automotive brands with higher quality, longer-lasting, more cost-competitive, cleaner, and more low-carbon power battery products, and help Spain, the second largest automotive producer in Europe, become the new center of electric vehicle industry in Europe.

It is reported that the super factory will rely on Envision Group’s zero-carbon system solution to achieve 100% renewable energy supply and carbon-neutral operation. At the same time, Envision will initiate local battery ecosystem construction in Spain and promote the innovation and development of whole-lifecycle technologies such as intelligent charging facilities and battery recycling. The project is also a key project supported by the Spanish government’s “Economic Recovery and Energy Transition Strategy Plan (PERTE-VEC)”.

This is another important layout of Envision AESC after China, Japan, the United Kingdom, France, and the United States in zero-carbon batteries. As the most internationalized power battery company, Envision AESC has recently continued to reach strategic cooperation with top automakers to accelerate the global zero-carbon transformation of transportation:

  • In June 2021, Envision AESC reached a strategic cooperation with French carmaker Renault and announced the construction of France’s first digital and green power battery factory in Douai;
  • In July 2021, Envision AESC deepened strategic cooperation with Nissan and announced the construction of the UK’s first power battery super factory in Sunderland;
  • In February 2022, Envision created Japan’s largest power battery factory in Ibaraki;
  • In March 2022, Envision AESC reached a strategic cooperation with Mercedes-Benz in Germany and announced the construction of a power battery super factory in Kentucky, USA.

With the planning and construction of the new factory, Envision AESC has planned to layout 11 major production bases in China, Japan, the United States, the United Kingdom, France, and Spain. The zero-carbon battery total production capacity will exceed 300 GWh by 2026.

🔗Source: [Envision AESC]

This article is a translation by ChatGPT of a Chinese report from 42HOW. If you have any questions about it, please email bd@42how.com.