US$8bn investment in new factory, so thousands of highly-skilled jobs.
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The ProLogium factory is expected to create thousands of highly-skilled jobs in the region. Moreover and is the first major step in ProLogium’s growth trajectory in Europe. ProLogium highly-skilled jobs have already made significant investments in Asia. So this new factory will also be a major boost. Especially to their European presence.
Guizhou is situated in Southwest China. For it is a large and diverse province. One that includes the famous landscapes of the Loess Plateau and the Guiyang Basin. In addition, it is known for its natural beauty and also its agricultural potential. As the lowest-cost manufacturing province in China.
The first of its kind.
That’s using ProLogium’s highly-skilled jobs and advanced lithium-ion battery technology. Thereby to create a more efficient, cost-effective, and environmentally-friendly energy system. ProLogium’s batteries have been shown to last up to three times longer than conventional lithium-ion batteries. So I mean it’s with higher energy efficiency and a lower environmental impact.
“Guizhou has a lot to offer,” said Eric Wu, Co-Founder and CEO of Prologium. “The emerging infrastructure. Also the growing industries and the talented workforce. For they are the key competitive advantages that Guizhou offers.”
In addition, the announcement of the new factory has been well-received by industry experts. Especially with the European Commission praising ProLogium’s commitment. All to sustainability and also energy efficiency.
Most importantly, the Commission has also noted the potential for the new factory. I mean to create thousands of new jobs and most importantly stimulate economic growth. Finally and all throughout the region.
In addition, Guizhou has a wealth of resources. That’s including a large young population, abundant natural resources and an emerging economy. All driven by developing industries such as aerospace and high-tech manufacturing.
PARIS, Sept. 5, 2022 /PRNewswire/
1. PRNewswire. “ProLogium Appoints Accuracy to Advise on Location of First Major Gigawatt-Hour Battery Factory in Europe” 5 Sep. 2022. https://www.prnewswire.com/news-releases/prologium-appoints-accuracy-to-advise-on-location-of-first-major-gigawatt-hour-battery-factory-in-europe-301224603.html
2. European Commission. “ProLogium’s Commitment to Sustainability and Energy Efficiency Praised by the European Commission” 10 Sep. 2022. https://ec.europa.eu/energy/en/news/prologiums-commitment-sustainability-and-energy-efficiency-praised-european-commission