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Will China build a lithium-ion battery factory in Portugal?

Chinese battery manufacturer CALB has confirmed its plans to build a production facility for lithium-ion batteries in Portugal. The factory with an annual capacity of 15 gigawatt-hours is intended to start production in 2028. According CALB, the investment amounts to two billion euros.

Why should Portugal invest in a battery factory?

“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)”.

Should Portugal produce battery-grade LI-compounds?

Therefore, the production of battery-grade Li-compounds in Portugal would aid the EU in lessening its dependence on external sources for this strategic metal, assisting as well in increasing the domestic supply of raw materials for battery manufacturing. Portugal has been the sole European lithium producer since 2011 (USGS 2024).

Is Portugal a key player in the global battery value chain?

Portugal has taken monumental steps in establishing itself as a key player in the global battery value chain. Five major initiatives have been announced recently, marking a transformative moment for the nation's green energy ambitions. Here's a roundup of the latest developments:

Why is battery recycling important in Portugal?

Battery recycling is also ensured with B.again, an initiative by DST Solar. This integration of the entire battery value chain within a 260km radius places Portugal in a privileged position in the sector, establishing itself as one of Europe's leading hubs for battery development and innovation.

Is Portugal a key hub in the battery value chain?

Portugal is establishing itself as one of Europe's key hubs in the battery value chain, from lithium extraction to recycling.