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Wanhua Chemical and ElevenEs signed a strategic agreement for battery materials: Collaborate to create a localized supply chain of battery cathode materials in Europe

Wanhua Chemical and ElevenEs signed a Memorandum of Understanding in Meishan, Sichuan, to collaborate on battery cathode materials and binders.
This agreement follows ElevenEs' mid-2023 pilot production line success and aims to localize supply chains between the two companies.
The partnership plans to support ElevenEs' Serbia battery production and the initial Megafactory with a 1 GWh capacity built in 2025–2026.
Wang Xiaoxing said the deal marks a key step in European localization, while Nemanja Mika cited Wanhua's expertise as vital for supply goals.
The collaboration is expected to enhance raw material security, speed innovation, and deliver more competitive LFP batteries in Europe and the USA by 2031.

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Wanhua Chemical and ElevenEs signed a strategic agreement for battery materials: Collaborate to create a localized supply chain of battery cathode materials in Europe

MEISHAN, China, June 5, 2025 /PRNewswire/ -- Recently, Wanhua Chemical Battery Technology Co., Ltd. (hereinafter referred to as "Wanhua Chemical") and ElevenEs, a leading European manufacturer of lithium iron phosphate (LFP) batteries, successfully signed a Memorandum of Understanding (MOU) in Meishan, Sichuan. Mr. Wang Xiaoxing, General Manager of Wanhua Chemical Battery Technology Co., Ltd., and Mr. Nemanja Mikać, Founder and CEO of ElevenEs, …

9 days ago·New York, United States

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