It is the first lithium iron phosphate (LFP) battery cell factory in Europe, it added. In Serbia’s northernmost city of Subotica, a project is underway for a battery gigafactory with an annual capacity of 8 GWh, set for launch in 2026, while 40 GWh is planned to be added by end-2027.
Serbian battery developer ElevenEs is finalising a project for the construction of a mega factory that will produce Lithium Iron Phosphate (LFP) batteries in the country’s northern city of Subotica, CEO Nemanja Mikac told SeeNews.
In Serbia’s northernmost city of Subotica, a project is underway for a battery gigafactory with an annual capacity of 8 GWh, set for launch in 2026, while 40 GWh is planned to be added by end-2027. The developer, ElevenEs, has just finished the cell manufacturing facility, as scheduled.
It is the first application of the lithium iron phosphate (LFP) technology in Europe, it stressed. The startup said its product, EDGE, is also the first cobalt and nickel-free battery cell on the continent and added the energy consumed in the process is 100% from renewable sources – a combination of hydro, wind and solar power.
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