Topping-out ceremony at US company Microvast: Battery manufacturer builds European headquarters in Ludwigsfelde

© Panattoni Europe

Visualization of the new headquarters © Panattoni Europe

With the construction of a plant with up to 250 jobs in Ludwigsfelde, the battery system manufacturer Microvast moves its European HQ from Frankfurt am Main to the new location.

Microvast produces fast-charging batteries that can be charged in ten to 15 minutes. Battery systems for vans and trucks as well as sports cars and off-road vehicles are set to be manufactured in Ludwigsfelde. Completion is planned for December 2020. The first products are set to come off the assembly line as early as January 2021. 

Minister of Economics Prof. Dr.-Ing. Jörg Steinbach and Dr. Steffen Kammradt, Managing Director of the Economic Development Agency Brandenburg (WFBB), emphasized the importance of the investment by the US battery manufacturer Microvast in Ludwigsfelde and described the topping-out ceremony for the company’s future European headquarters as a “key investment in modern mobility in Brandenburg.” 

“Microvast locating here is a central component in the economic development of our country, because Brandenburg has the opportunity to play in the top league with modern mobility. This investment is a perfect match for it. Microvast is joining a series of locations such as the Tesla Gigafactory in Grünheide, the manufacture of battery components at BASF in Schwarzheide, or the establishment of a European testing center for autonomous driving at the DEKRA at the Lausitzring,” Minister Steinbach continued.

WFBB managing director Dr. Kammradt added: “Microvast is an important location success for Brandenburg. The company brings its European headquarters, innovative technology, and future-proof jobs to the country. This sends a strong message, especially in the era of the coronavirus. At the same time, Microvast is also heightening the profile of Brandenburg as a location for modern mobility. We are pleased that Microvast is consistently implementing its investment and will continue to support the company with all our services for economic and job promotion.”

Both Economics Minister Prof. Dr.-Ing. Steinbach as well as WFBB managing director Dr. Kammradt praised the cooperation with the district of Teltow-Fläming and the city of Ludwigsfelde. They are said to have done an excellent job with the Microvast location. Together with the large DHL center, Chefs Culinar, and now Microvast, the Eichspitze Industrial Park has quickly developed into a success story.

Press contact:
Brandenburg State Ministry for Economic Affairs, Labor, and Energy | Press Office
Tel.: +49 (0) 331 866 1505
Website: https://mwae.brandenburg.de