ProLogium Technology Searches Location for its First Overseas Solid-State Gigafactory Amid Rising Global EV Demand

ProLogium Technology confirmed that the company is in the process of selecting the location of its first-ever overseas solid-state gigafactory in light of the surging global demand for electric vehicles over the next decade.

ProLogium plans to establish its overseas gigafactory with an estimated total investment of over USD 8 billion and reveals that a feasibility study for potential sites has been initiated. Shortlisted locations include those in the United States, France, Germany, the Netherlands, Poland and the United Kingdom.

ProLogium has a three-phase construction plan for its first-ever overseas gigafactory. The total capacity is expected to reach 120GWh when the plant is complete. The firm is currently assessing potential plant locations, and a final decision is set to be made by the first quarter of 2023.

A due diligence process will be performed before the construction project kicks off.

ProLogium also estimates that by 2031, the project will create over 6,500 jobs, and the company is poised to begin its global talent recruitment efforts in the areas of engineering, product research and development, business management, and more.

"Our first-ever overseas gigafactory serves a key strategic purpose – being close to our customers to deliver products and services in a timely manner," said Vincent Yang, CEO and Founder of ProLogium Technology. "The United States and Europe play a crucial role in the global automotive industry value chain. Automakers are accelerating their plans to extend their EV product range. With manufacturing bases in these regions, we will be able to better meet the market's needs and benefit from local policy support. The proximity allows for local production and local supplies, planting closer to customers to reduce carbon footprint – a win-win solution for the benefit of both our customers and ProLogium."