CALB plans to build $2 billion battery gigafactory in Portugal
Designed to produce lithium batteries, the facility is expected to achieve an annual capacity of 15 GWh, equating to about 187,000 batteries for EVs
China's CALB, recognized as one of the world's leading battery-makers for electric vehicles, has announced its plan to invest €2 billion in setting up a gigafactory in Portugal.
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