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The German Ministry for Economic Affairs and Climate Action has issued state funds promised in support of the Swedish battery maker’s expansion to northern Germany.

Germany’s regions in structural change are a magnet for international investment and innovation.

Germany’s regions in structural change are an attractive business location for innovative businesses and companies developing alternative energy storage and mobility models.

New lithium factory for Bitterfeld-Wolfen Chemical Park
American-Dutch metal group Advanced Metallurgical (AMG) has announced plans to invest more than EUR 100 million in a new lithium refinery plant. Annual production of 20,000 metric tons should start in the fall of 2023 at the plant in the Bitterfeld-Wolfen Chemical Park. Subject to demand levels, production capacity could increase fivefold. According to AMG, the lithium produced will be of a high quality suitable for battery production. The city...

Germany's regions in structural change are increasing their buiness attractiveness, with innovative energy and mobility solutions at the forefront of this progress.

Germany’s regions in transition are continuing to attract major manufacturing and R&D projects to its burgeoning electric vehicle battery and battery storage industries.