World's largest lithium battery plant opens in Russia
40,000 square meter facility to produce high-capacity LiON batteries for electric transportation sector.
Novosibirsk — Liotech, a joint venture between RUSNANO and Chinese holding company Thunder Sky, has completed the world’s largest high-capacity lithium-ion battery factory near Novosibirsk. Covering more than 40,000 square meters, the plant was built over nine months at a cost of 13.5 billion rubles (CAD$427 million).
The Liotech plant will produce primarily high-capacity batteries (200 Ah, 300 Ah, and 700 Ah) intended for municipal passenger and cargo electric transport in China, Europe, and the United States. According to the company, the new factory has design capacity of more than 1 GWh. That’s approximately one million batteries per year or enough capacity to equip 500,000 electric buses with batteries.
RUSNANO was founded in March 2011 as an open joint stock company through reorganization of state corporation Russian Corporation of Nanotechnologies. The Government of the Russian Federation owns 100 percent of the shares in RUSNANO with former Russian politician Anatoly Chubais serving as CEO and chairman of the board.