European 'Gigafactory' opens: Page 2 of 2

May 13, 2016 //By Graham Prophet
European 'Gigafactory' opens
Labelling it as “Europe’s Gigafactory” (an allusion to the Tesla battery plant being built in the western USA), BMZ GmbH (Karlstein-Großwelzheim, Germany) has opened the first section of what will be Europe’s biggest lithium-ion battery factory; BMZ is going to more than quadruple production areas in Germany by 2020.
the markets; a development that will offer enormous growth opportunities.

The request for maximum mobility stimulates not only the demand for well-known appliances such as vacuum cleaners or drill hammers. With modern lithium-ion batteries numerous new ideas can be realized of which robotic lawn mowers are only one of many examples. The market potential for battery-powered appliances is enormous.

“From our point of view it is most important to commonly build up our own production of lithium-ion cells in Germany, too. That is the only way to reduce the dependency risks on the few, mainly Asiatic cell producers in the long run,” says Bauer.

As a first intermediate step, BMZ intends to launch their own extremely efficient cell, which is to be applied in their own as well as customer-related battery systems. The cell, which will be available in prototype form at the end of this year claims 100% higher durability, 68% more performance, 88% more energy, 400% more charging current and up to 60% more capacity compared with usual cells according to the industrial standard 18650.

In 2015, the company, which was founded in 1994, achieved a turnover of some 350 million euros as the largest independent European lithium-ion battery system developer and manufacturer, with more than 1,200 employees worldwide. The 500 million threshold is expected to be broken in 2020 at the latest.

BMZ: www.bmz-gmbh.de

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