Type
Business expansion
Country
Germany
Region
Thüringen;
Location of affected unit(s)
Arnstadt
Sector
Manufacturing
Manufacture Of Computer, Electrical Electronic And Optical Products
Manufacture Of Electrical Equipment
27.20 - Manufacture of batteries and accumulators

1,500 jobs
Number of planned job creations
Job creation
Announcement Date
4 April 2022
Employment effect (start)
4 April 2022
Foreseen end date
31 December 2022

Description

The Chinese battery manufacturer Contemporary Amperex Technology Thuringia GmbH (CATL) announced it will hire 1500 new employees from the region of Arnstadt in Thuringia, Germany.

CATL will start their production in the new built factory in the second half of 2022. Until then, 1500 new employees will be hired and added to the already 500 existing employees in the region of Arnstadt. CATL plans to invest around 1,8 Billion Euro in the new built factory to produce batteries for around 120.000 electric cars with a capacity of 8 gigawatt hours per year.

CATL is the biggest Chinese manufacturer of lithium-ion batteries. The factory in Arnstadt is the first CATL factory outside of China.


Sources

Citation

Eurofound (2022), Contemporary Amperex Technology Thuringia, Business expansion in Germany, factsheet number 106609, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/106609.