ElevenEs and EIT InnoEnergy have announced a strategic partnership to build Europe’s first large LFP battery plant in Subotica.
ElevenEs has signed agreements with EIT InnoEnergy, which Pitchbook ranks as the most active sustainable energy investor globally. The entities announced a strategic partnership to build the first LFP battery Gigafactory in Europe and in Serbia.
ElevenEs has developed its own LFP technology to produce batteries for electric passenger cars, buses, trucks, forklifts, other industrial vehicles, and energy storage systems. LFP batteries are more affordable, durable, sustainable and safer than competing solutions and they do not require cobalt, nickel and other hard-to-obtain minerals.
* Senior Associate refers to Independent Attorney at Law in cooperation with Karanovic & Partners.
The information in this document does not constitute legal advice on any particular matter and is provided for general informational purposes only.