Group14 builds 10 GWh battery factory in Spain

Battery material developer Group14 announced a new industrial-scale manufacturing module in Sagunt, Spain, with an initial 10 GWh capacity. This expansion follows a €150 million capital increase from an unnamed investor. The facility aims to produce silicon-carbon anodes for EV batteries, raising the company's short-term total production capacity to 40 GWh alongside existing sites in the US and Korea.