Start-up of the first plant in Italy and Southern Europe for the production of lithium-ion cells, modules and battery packs. From raw materials to the recycling of end-of-life battery recycling.
Where are FAAM batteries made?
The Faam brand owns four plants, three of them on Italian soil, which are: Yixing (China), production of batteries for motive power applications serving the local Chinese market with lead acid technology. Opening in Italy: reasons
Why is LFP made in Italy?
Made in Italy! Cobalt-free Why LFP? Lifecycle: long cycle life of ≥7500 cycles. It's effective for frequent charge/discharge cycles, such as in public transport or energy storage. large-scale or stationary uses.
Is the European Commission funding a Gigafactory?
In 2019, the European Commission approved funding for the construction of a gigafactory with an annual production of more than 8GWh and a pilot line for end-of-life battery recycling.