Will statevolt build a battery factory in the United Arab Emirates?

29. April 2024 California-based battery producer Statevolt plans to manufacture solid-state battery cells in the United Arab Emirates (UAE) by the end of 2026. Sister company Statevolt Emirates is preparing to build a 3.2-billion dollar gigafactory in Ras Al Khaimah.

What happened to a lead acid battery plant in the United Arab Emirates?

March 24, 2022: Ground has been broken for a combined lead acid battery manufacturing plant and recycling facility in the United Arab Emirates (UAE), Italian group Seri Industrial announced on March 22.

What is statevolt Emirates doing in Ras Al Khaimah?

Sister company Statevolt Emirates is preparing to build a 3.2-billion dollar gigafactory in Ras Al Khaimah. With an annual production capacity of up to 40 gigawatt-hours, the project aims to tap into the emerging export markets for battery storage and electric mobility in the Middle East region, including Africa and India.

How much money is dubatt investing in a lithium ion battery project?

Dubatt is investing AED110 million (about $30 million) in the project. Meanwhile, Dubatt is discussing a potential technology partnership with Seri group company, Faam Italia, to also produce advanced lithium ion batteries for electric vehicles and other applications.

How does Loum support the UAE's commitment to environmental responsibility?

Through LOHUM’s high-yield NEETM™ recycling technology, we support the UAE in their commitment to environmental responsibility. This partnership aligns with our goal to help nations and companies reduce their carbon footprint not just in India, but globally, and across all segments of the clean energy transition ecosystem.”