Blackstone Resources expands its batteries production

Blackstone Resources AG said its German subsidiary has secured investments of EUR 40 million (USD 46.85 million) to expand its production facilities to 500 MWh per annum at its existing site in Döbeln, Saxony, by 2022. 

“At present, six customers from various industrial fields have reserved capacity for our 3D-printed batteries of 1’642 MWh with a combined order value of approximately EUR 200 million,” said the company in a statement.

Blackstone Technology can produce next-generation 3D-printed solid-state batteries that optimally fill the installation spaces of industrial vehicles, said the company.