PowerX has plans to build Power Base, its first home-grown GW scale battery assembly plant in Tamano City, Okayama Prefecture, Japan.
Once operational, Power Base will manufacture energy storage systems, including grid-scale stationary batteries, EV fast chargers, marine batteries, and home batteries.
Power Base plans to commence pilot production by next year.
Delivery for EV fast chargers and other battery energy storage systems is planned to begin in spring 2024.
Planned to be built on site area of 28,272m2, Power Base will have an annual production capacity of 5GWh, which is the same as manufacturing around 10,000 units of battery energy storage annually.
In addition to battery assembly lines, the campus-like site will also feature amenities such as R&D centres, offices, and conference rooms.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below formBy GlobalData
Power Base will employ over 100 professionals, including engineers, technicians, and manufacturing operators.
Japanese architect Kazuyo Sejima has designed the factory.
Partners of the project are Kazuyo Sejima & Associates, Okumura Corporation.
The construction of Power Base will be funded by a portion of the capital raised from the first half of the Series A financing.
PowerX raised $36m (JPY4.81bn) in the first half of funding round.
Image: PowerX’s battery assembly plant, Power Base. Credit: PowerX.Inc/PRNewswire.