One of the first electric vehicle battery factories has been announced for Victoria, with construction due to begin later this year.
Australia no longer makes cars, but local factories could soon play a key role in the burgeoning electric vehicle industry.
US-based company Recharge Industries has announced plans to build Australia’s first large-scale battery factory for electric cars and has hired engineering consultancy Accenture to help build the facility at Geelong’s Avalon Airport, first reported by The Driven.
According to Recharge Industries, located an hour southwest of Melbourne, the factory will produce up to 30 gigawatt hours (GWh) of batteries annually by the end of this decade, with the company expected to employ between 1,500 and 2,000 people.
For comparison, last year Ford confirmed it had secured a battery supply of 60 GWh to build an estimated 600,000 electric vehicles in 2023.
With financial backing from its parent company, US investment firm Scale Facilitation, construction of the Geelong facility is expected to begin in the second half of 2023.
Recharge Industries has also appointed Charge CCCv (C4V) as its technical partner, who it says will help “accelerate planning, engineering and construction” by leveraging C4V’s supply chain, blueprints and technology concepts.
“Building a sovereign manufacturing capacity to manufacture state-of-the-art lithium-ion battery cells is critical to Australia’s renewable energy economy – to meet national demand, generate export revenue and secure supply chains,” said Rob Fitzpatrick, CEO of Recharge Industries Media a statement.
“Our factory, which we are building with the support of Accenture’s engineering and capital projects expertise and underpinned by C4Vs [intellectual property] and battery technology will create thousands of jobs and attract large-scale investment from key players in Australia, the Indo-Pacific region and other parts of the world,” he said.
The battery factory will be the largest in the country – if it is built – but not the first.
In 2021, Energy Renaissance’s facility in Newcastle opened, producing approximately 1.02 GWh of storage capacity each year.
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