Navalmoral de la Mata (Cáceres) – Today, Monday, July 8, marked the groundbreaking ceremony of AESC's future gigafactory for batteries in Navalmoral de la Mata, Cáceres. The plant is scheduled to begin production in 2026 and be among the first facilities to develop and manufactur Contact online >>
Navalmoral de la Mata (Cáceres) – Today, Monday, July 8, marked the groundbreaking ceremony of AESC''s future gigafactory for batteries in Navalmoral de la Mata, Cáceres. The plant is scheduled to begin production in 2026 and be among the first facilities to develop and manufacture advanced Lithium Iron Phosphate (LFP) batteries at scale throughout Europe. Attendees to the event included AESC’s newly appointed CEO for the United States and Europe Knudt Flor, together with the President of the Government of Spain, Pedro Sánchez, the President of the Junta de Extremadura, María Guardiola, and the mayor of Navalmoral de la Mata, Enrique Hueso.
This plant represents a significant investment and boost for the development of the sustainable mobility sector, the energy transition and the battery supply chain in the region of Extremadura and the rest of the Spanish territory.
The gigafactory will focus on the manufacture and development of advanced Lithium Iron Phosphate (LFP) batteries and will become the first carbon neutral gigafactory in Spain as a part of the Net Zero Industrial Park. It is estimated that the gigafactory, which will have an investment of over 1 billion euros for its first phase, will create up to 900 direct jobs upon completion, with the possibility of expanding employment as demand and production increases.
AESC is collaborating with local universities and regional authorities to create a training program to ensure workers in the region are trained for jobs in the facility.
During the event, the President of the Government, Pedro Sánchez, stressed that "It is a project that will undoubtedly help to boost the region, not only helping to create hundreds of jobs in its initial phase, but also because it positions Extremadura". Likewise, the President indicated that the Government is committed to attracting foreign investment, as is the case of AESC, which is committed to the creation of stable, decent and quality employment.
AESC CEO for the United States and Europe, Knudt Flor, emphasized the gigafactory''s long-term vision and its commitment to grow the electrification supply chain while providing state-of-the-art batteries. He highlighted the potential of the facility to promote technological and economic development in Extremadura, as well as to promote collaboration between different actors in the field of sustainable mobility and renewable energy.
The President of the Regional Government of Extremadura, María Guardiola, celebrated the step was taken today, which marks the start of the start-up of the gigafactory, thus valuing the responsibility and enthusiasm of the region for a project of this magnitude, and also reaffirming the commitment of the Regional Government of Extremadura with AESC: "The Regional Government''s mission is to enable young people from Extremadura to make their life project in their land", highlighting the provision by the Regional Government to AESC of the entire dual vocational training system and employment services to select the professional profiles that the gigafactory will need.
For the President of the Regional Government, the gigafactory is an exciting project and an opportunity for Extremadura to compete with many European regions in industrial matters and to continue growing along the path of the green economy and energy transition.
The battery gigafactory in Navalmoral de la Mata is projected to become a benchmark in the sector, generating high-quality employment and boosting the local economy.
With the laying of the first stone of the battery gigafactory in Navalmoral de la Mata, the foundations are laid for a sustainable and prosperous future in Navalmoral de la Mata, Extremadura and Spain, where electric mobility and clean energies are positioned as fundamental pillars for the preservation of the environment and economic development.
AESC is a global leader in the development and manufacturing of high-performance batteries for zero-emission electric vehicles and energy storage systems. Founded in Japan in 2007 and headquartered in Yokohama, AESC has been building manufacturing capabilities around the world in Japan, the U.S., U.K., China, and Europe to serve key markets and leading customers locally for over 14 years. Today, AESC’s advanced battery technology powers over one million cars across 60+ countries.
In Spain, AESC is carrying out important projects, in addition to the construction of the battery gigafactory, continues to establish strategic alliances with car manufacturers in the country and has planned an investment path for renewable energy generation and energy storage. These projects highlight the company''s commitment to the country''s industrial development, generating employment and promoting sustainable technologies.
It is estimated that by 2030, Spain’s battery production capacity will range between 42 and 72 gigawatt-hours (GWh), which would place it as the sixth nation with the highest battery production capacity in the European Union (EU).
In the first five locations are Germany, Hungary, Sweden, France and Italy.
What are the initiatives that place Spain in such a location?
With an investment of more than 7,000 million euros, the national territory will host important projects, among which the gigafactories and assembly plants of PowerCo Spain, Envision, Basquevolt, Stellantis, InoBat, FORD Almussafes and Phi4tech stand out.
Added to these are other initiatives linked to research, battery recycling and lithium extraction, such as those of Extremadura New Energies, Novolitio, BeePlanet Factory, TERA Batteries, among others.
In this context, in 2021 the Strategic Project for Economic Recovery and Transformation (PERTE) was launched for the development of the Electric and Connected Vehicle (VEC).
This has a line that aims to encourage investment in industrial production capacity of batteries for electric cars, their essential components and the manufacturing or recovery of fundamental raw materials.
This has already been called for three times and a fourth is expected to arrive in the second half of this year, as announced by the Minister of Industry and Tourism of Spain, Jordi Hereu.
The first call of 2022 registered 487 primary projects and the final resolution included a public investment of 793.2 million euros.
The second granted aid to26 projectsfrom 21 companies for a total amount of528.7 million eurosin the form of a subsidy.
Meanwhile, the third, endowed with 500 million euros, was launched on May 24.
This allocates300 million euros(200 million in subsidies and 100 million in loans) to a line of batteries for electric vehicles, and theremaining 200 millionare directed to the value chain section.
The fourth call will have an amount of around1,250 million euros.
Spain’s notable positioning in this market is undoubtedly due to the winks received from the administration.
The Government hopes that it will become a benchmark countryboth in the production of batteries for electric vehicles and in new forms of green and sustainable mobility.
For this reason, it is continually dedicated to simplifying the aid allocation system.
This has been in response to the fact that, for example, in the first call of the Perte VEC more than 70 per cent of the almost 3 billion euros available were not allocated due to difficulties in submitting applications and meeting the requirements.
As a result, large groups such as Ford and Stellantis were ultimately excluded despite their intention to participate.
For this reason, the administration now seeks to facilitate access for companies andensure that these subsidies are effectively invested in the country.
One that the Government is focusing on is Tesla.
Elon Muskis considering installing a plant in Valencia and the administration confirmed that it will intervene and have the necessary meetings to make this happen.
Not only that, but he also pointed out that the region will do everything it can to facilitate the process.
This plant will create 3,000 direct jobs and will receive an investment of more than 3,000 million euros.
In the first phase, two blocks will be built for the production of cells out of the four planned and there will be a track yard at the railway terminal for the supply of the raw materials and components required.
Production is scheduled to begin in 2026.
In addition, it will have an investment of more than 2.5 billion euros when it is fully operational in 2025.
The Chinese giant’s plan is based on the development and manufacturing of batteries from a zero-emissions plant, integrated into different electrical platforms.
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