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Shanghai (Gasgoo)- On February 24 (local time), leading Chinese battery supplier CALB broke ground on its Portugal facility, which will be developed into a zero-carbon AI superfactory, according to a post on the company's WeChat account. The plant is scheduled for completion and delivery in 2027. With an estimated investment of €2 billion, the project will establish a battery and system production line with an annual capacity of 15GWh, catering to both power battery and energy storage applications. Photo credit: CALB Ms. Liu Jingyu, Chairwoman of CALB, highlighted that Portugal's supportive policies for green energy have provided a favorable environment for the company's expansion. She emphasized that the construction of the Portugal plant aligns with China's Belt and Road Initiative and CALB's global expansion strategy, reinforcing its commitment to internationalization and fostering a mutually beneficial economic landscape. Pedro Reis, Portugal's Minister of Economy, congratulate
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