In northern Serbia, Subotica is rapidly becoming a focal point for technological innovation. Recently, “ElevenEs” launched Europe and America’s first factory dedicated to producing LFP (lithium-iron-phosphate) batteries, marking a significant milestone for the country in sustainable energy solutions.
Located on the premises of the former meat industry giant “29 November,” the “ElevenEs” factory specializes in LFP batteries that exclude nickel and cobalt. These batteries are recognized for their environmental sustainability, enhanced safety features, and cost-effectiveness.
Nemanja Mikać, the project leader and director at “ElevenEs,” explained to “Dnevnik” that this is the initial phase of production, focused on delivering samples to automobile, bus, and truck manufacturers, as well as for applications in wind farms and solar parks. The factory currently employs 110 individuals from 21 different countries, highlighting its global reach and diverse workforce.
“Our team includes experts from India, Turkey, China and various parts of Europe, bringing together knowledge that’s unprecedented in Serbia and much of Europe,” Mikać emphasized.
Looking ahead, “ElevenEs” has ambitious plans to scale up production with a mega factory capable of producing 1,000 megawatt hours of batteries. This expansion represents an €80 million investment and is expected to create around 200 new jobs. Mikać mentioned plans for groundbreaking future endeavors, including three giga factories, which could collectively employ over 20,000 people and involve several billion euros in investment.
“Our goal is to cater primarily to the EU and American markets, supplying batteries for electric vehicles, heavy machinery, and stationary energy storage systems,” Mikać added.
While specific performance metrics are confidential at this stage, Mikać expressed confidence in the positive feedback received from initial users. “We’re fine-tuning our battery designs for mass production, aiming for a significant ramp-up from 2027 onwards,” he concluded.
The “ElevenEs” project not only marks a major industrial milestone but also underscores Serbia’s pivotal role in advancing toward a cleaner and more energy-efficient future. With Subotica at its forefront, Serbia is positioning itself as a key player in the global shift towards sustainable energy solutions.
