California-based battery producer Statevolt plans to manufacture solid-state battery cells in the United Arab Emirates (UAE) by the end of 2026. Sister company Statevolt Emirates is preparing to build a 3.2-billion dollar gigafactory in Ras Al Khaimah. With an annual production capacity of up to 40 Contact online >>
California-based battery producer Statevolt plans to manufacture solid-state battery cells in the United Arab Emirates (UAE) by the end of 2026. Sister company Statevolt Emirates is preparing to build a 3.2-billion dollar gigafactory in Ras Al Khaimah. With an annual production capacity of up to 40 gigawatt-hours, the project aims to tap into the emerging export markets for battery storage and electric mobility in the Middle East region, including Africa and India. Initially, semi-solid state batteries will be produced.
Statevolt is already building a 54-gigawatt-hour lithium-ion battery gigafactory in California. The companyʼs UAE facility will be built in the Al Ghail Industrial Park in the Ras Al Khaimah Economic Zone. The project is expected to create up to 2,500 direct jobs and to significantly contribute to the UAEʼs "Vision 2031" for a "future-oriented economy and society."
The factory built by Statevolt will produce semiconductor battery cells, with the goal to switch to solid-state battery cells when the project reaches full capacity. The project will be built on an area of 60 hectares in the Al Hamra Industrial Zone in RAKEZ and is expected to create up to 2,500 direct jobs.
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According to Statevolt, the gigafactory is designed to set a new standard for battery technology with its ultimate safety and extended life cycle, offering battery solutions that adapt to a wide range of climates and conditions.
Lars Carlstrom, Founder and CEO of Statevolt, said: “Our $3.20bn investment in the Ras Al Khaimah Gigafactory, using next-generation technology, highlights this commitment, aiming to meet the growing demand for energy storage solutions across Africa, India, the UAE, and the Middle East."
“We greatly value the support from the Ras Al Khaimah Economic Zone authorities and are confident that our partnership will bring success and significant opportunities for the community. We are happy to be able to be a player in one of the world''s most prospering economies who are now taking the lead in new industrialization,” he added.
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Despite regional challenges and skepticism, serial gigafactory founder Lars Carlstrom sees untapped potential and strategic advantages in the UAE and Middle East, and worries that Europe is missing a huge opportunity to reindustrialise.With Lucid''s foray into EV production in Saudi Arabia and Ceer''s imminent market entry, is the Middle East primed to embrace electrification?
Regionally, the United Arab Emirates (UAE) is not the first place that comes to mind when you hear the term, "electrification." But just last month, Lars Carlstrom, who is seeking to kickstart battery production on a mass scale, announced that his gigafactory company, Statevolt, would be embarking on the construction of a pioneering battery plant in Ras Al Khaimah, UAE, called Statevolt Emirates, to the tune of $3.2 billion in capital expenditure.
Daniel Harrison, Automotive Analyst at AMS provides a counterweight to the idea of public funding as the prime mover for enabling electrification. Harrison says: "Whilst it is true that government support for investment in gigafactories is a major factor in their location and viability, it''s not the whole picture.
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Ras Al Khaimah, UAE: Statevolt, a global leader in green industrialization, is today announcing its plans to construct a new state-of-the-art, technology-agnostic battery cell Gigafactory in Ras Al Khaimah, UAE. With a capital expenditure of $3.2 billion (USD), Statevolt Emirates, as the UAE venture will be known, will mark a significant milestone in advancing technological innovation in the energy storage sector (ESS).
Working alongside various industry and community partners, Statevolt Emirates will implement its modular design approach, allowing for a faster route to market as well as a solution to diversify production based on technology readiness. The Gigafactory is designed to set a new standard in battery technology with its superior safety and extended lifecycle, delivering battery solutions that are adaptable to a wide range of climates and conditions. The factory will start by producing semi-solid state battery cells, with the aim to move to solid state battery cells once the project reaches full capacity.
Under the leadership of entrepreneur Lars Carlstrom, who is deeply committed to green industrialization and the creation of skilled jobs, Statevolt Emirates is set to lead the charge towards low-carbon energy solutions. The Gigafactory embodies Carlstrom’s vision of leveraging technological innovation for global energy transformation and local economic enhancement.
This ambitious project, with a site spanning 60 hectares in Al Ghail Industrial Park in RAKEZ, is anticipated to generate up to 2,500 direct job opportunities, fostering significant economic development in Ras Al Khaimah and the surrounding region. Moreover, it aligns with the UAE’s strategic vision to become a leading hub for green technology and energy transition, reinforcing the country''s position as a leader in sustainable industrial development.
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