CnEVPost CnEVPost
  • NIO
  • XPeng
  • Li Auto
  • BYD
  • Tesla
  • Newsletter
  • NIO
  • XPeng
  • Li Auto
  • BYD
  • Tesla
  • Newsletter

Home » CATL

CATL reportedly considering €2 billion battery plant in Poland

Phate Zhang/CnEVPost Dec 22, 2021 17:33 GMT+8

CATL has looked at two locations in western Poland and most of the products produced at the plant would be shipped to Germany, where Tesla has a factory, according to Polish media.

Chinese power battery giant Contemporary Amperex Technology Co Ltd (CATL) is analyzing two locations in Poland for a possible battery plant of up to 2 billion euros, according to a report in Polish newspaper Puls Biznesu today.

The Tesla and NIO supplier looked at sites in Jawor and Gorzow Wielkopolski in western Poland, the report said, adding that most of the factory's output would be shipped to Germany, where Tesla has a factory.

When asked about the matter, CATL's sources said they would not comment, according to Chinese media jiemian.com.

Join Us On Telegram

CATL (SHE: 300750) is the largest power battery manufacturer in China, with 11.45 GWh installed in China in November and a 55 percent market share, according to data released earlier this month by the China Automotive Battery Innovation Alliance.

CATL reportedly considering €2 billion battery plant in Poland-CnEVPost

(Graphic by CnEVPost)

It's worth noting that late last month, NIO raised eyebrows when it posted an ad on LinkedIn for an "EU Plant operation manager" position in Poland.

The wording made it seem as if NIO would be setting up a plant in Poland to meet its future capacity needs for expansion in Europe.

However, NIO later told CnEVPost that it has no plans to set up a plant in Poland and that the job ad circulated earlier was a technical error.

Deutsche Bank analyst Edison Yu's team previously commented that NIO said it has no plans to enter Poland at this time, but "conceptually we do think it makes sense looking ahead."

Poland is a relatively low-cost labor center, and the local government seems to be very supportive of electrification, but the country has struggled a bit to drive adoption compared to other countries, Yu's team said.

This could be an ideal situation for NIO, which could receive favorable tax treatment or subsidies while providing a large number of jobs, the team said.

Deutsche Bank on NIO Poland plant rumor: It makes sense looking ahead

CnEVPost Daily Newsletter

Share this article:

  • Tweet
  • WhatsApp
  • Telegram
  • Email
  • Pocket
  • More
  • Share on Tumblr
  • Print
Phate Zhang/CnEVPost
Phate is the founder and main author of CnEVPost. He has been reporting since 2009, mainly on macroeconomics and capital markets. Contact via: [email protected]
Popular Posts
NIO responds to vehicle crash that killed two testers
2022-06-23 20:50:51
NIO model that crashed was ET7, wrong gear by driver led to tragedy, reports say
2022-06-23 20:03:57
EV stocks continue rally in Hong Kong, XPeng up 10%, NIO up 2%
2022-06-24 11:20:21
South Korean fund cuts Tesla holdings, favors Chinese EV makers including BYD and XPeng
2022-06-24 16:40:32
Lotus' first EV model, Eletre, to be powered by CATL's Qilin Battery
2022-06-24 20:58:13
Recent Posts
  • Avatr strengthens ties with Huawei, first model Avatr 11 to launch on August 8 Jun 25, 2022
  • CATL working on condensed matter batteries, chairman says Jun 25, 2022
  • Gotion to build facility in Argentina capable of producing up to 60,000 tons of lithium carbonate per year Jun 24, 2022
  • Lotus' first EV model, Eletre, to be powered by CATL's Qilin Battery Jun 24, 2022
  • Li Auto says Li L9 gets over 30,000 orders 72 hours after launch Jun 24, 2022
  • Home
  • About
  • Contact Us
  • Support Us
  • Privacy
  • Newsletter
Copyright © 2022 CnEVPost. Designed by CnEVPost.