CALB to start construction of battery factory in Portugal
According to CALB, the factory will create 1,800 direct jobs. Portugal has some of the world''s largest reserves of lithium, a key ingredient in the batteries that power electric cars: an
February 2025 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.
Lisbon, Feb. 24, 2025 (Lusa) - The Chinese CALB lithium battery factory in Sines, in south western Portugal, whose €2 billion project was launched on Monday in Lisbon, could receive up to €350 million in support under the European incentive scheme for reindustrialisation.
It covers 45 hectares and includes five production buildings. Battery manufacturer CALB is set to invest €2 billion in a new lithium battery factory in Sines, Portugal. The facility will be located in the Sines Industrial Zone, covering an area of 45 hectares and comprising five production buildings.
Portugal has some of the world's largest reserves of lithium, a key ingredient in the batteries that power electric cars: an estimated 60,000 tonnes, according to the US Geological Survey. Chinese battery manufacturer CALB will build a production facility for lithium-ion batteries in Sines, Portugal.
According to CALB, the factory will create 1,800 direct jobs. Portugal has some of the world''s largest reserves of lithium, a key ingredient in the batteries that power electric cars: an
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The factory in Sines, Portugal, involves a €2 billion investment. Construction is set to begin this year and finish by 2028. The facility will produce 15 GWh of lithium batteries. It covers 45
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CALB plans to build a lithium-ion battery factory with an annual capacity of 15 gigawatt-hours in Portugal, going into operation in 2028.
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