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Honeycomb Energy plans to build 5 new traction battery factories in Europe
Honeycomb Energy plans to expand its production capacity in Europe, or build five news power battery factories according to Pengpai News on April 13th. At present, the company is searching for suitable locations to build factories in eastern, northern, and western Europe, with the largest scale reaching an annual production capacity of 20GWh. Kai-Uwe Wollenhaupt, the European head of Honeycomb Energy, said that the company aims to achieve at least 50GWh of production capacity in Europe by the end of 2030.
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