EIT InnoEnergy home page News & events ElevenEs receives investment and support from EIT InnoEnergy to build a battery gigafactory near Serbia's lithium deposit

News & Events

21 October 2021

ElevenEs receives investment and support from EIT InnoEnergy to build a battery gigafactory near Serbia's lithium deposit

  • ElevenEs has developed its own LFP technology to produce batteries for electric passenger cars, buses, trucks, forklifts, other industrial vehicles, and energy storage systems.
  • LFP batteries are more affordable, durable, sustainable and safer than competing solutions, and they do not require cobalt, nickel, and other hard-to-obtain minerals.
  • The industrial spin-off will draw on 25 years of production experience to build a 16 GWh factory in Serbia, which has one of the largest lithium deposits in the world.
  • ElevenEs has now secured investment and support from EIT InnoEnergy.

Lithium Iron Phosphate batteries

ElevenEs - an industrial spin-off of Al Pack Group

Nemanja Mikać, founder and CEO of ElevenEs

Strategic partnership for the gigafactory

The ElevenEs plant with a capacity of 16 GWh

Jakub Miler, CEO at EIT InnoEnergy Central Europe

Meet ElevenEs at The Business Booster

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