SVOLT IN SAARLAND
After an intensive selection process and examination of over 30 locations throughout Europe, SVOLT decided to establish its European production site in Saarland (Germany), as was announced at IAA 2019.
A module and pack factory as well as a state-of-the-art cell factory with 24 GWh production capacity in the final expansion stage will be built at two locations. 24 GWh corresponds to batteries for 300,000 to 500,000 electric vehicles per year. A total investment of up to two billion euros is planned. SVOLT wants to create up to a total of 2,000 jobs in Saarland. The two new production sites will mainly manufacture battery cells, modules and high-voltage storage systems (packs).
The large-scale project will be implemented in close cooperation between SVOLT, the State Ministry of Saarland for Economic Affairs, Labour, Energy and Transport (MWAEV) and Strukturholding Saar GmbH (SHS). With its implementation concept, the MWAEV has actively entered into the settlement talks and was able to convince SVOLT. SVOLT is commissioning SHS with the construction of the two factories as a turnkey project.
GLOBAL AUTOMOTIVE SUPPLIER
As a global high-tech company, SVOLT is working on the key technologies of electromobility: lithium-ion batteries and complete battery systems for electric vehicles.
SVOLT has an integrated approach when considering the battery system and vehicle. Optimally tailored solutions are thus created for every application. This also benefits end users.
INNOVATOR FOR FUTURE MOBILITY
Electromobility is suitable for mass production. SVOLT makes the necessary battery technology efficient, safer, cheaper and more sustainable.