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Avesta Holding, Belgium plans LFP cells gigafactory, discusses with two European countries
On June 7, Avesta Holding announced its plans to establish a new gigafactory to produce advanced Lithium Iron Phosphate (LFP) battery cells. It will have a capacity of 5 gigawatt hours (GWh) annually, exclusively supporting Avesta Battery & Energy Engineering (ABEE), BE-Volt, and other strategic partners.
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