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November 2024

Where is the Economic opportunity from the lithium-ion battery value chain in Serbia?

Where is the Economic opportunity from the lithium-ion battery value chain in Serbia?

We can get the best answer from our CEO, Nemanja Mikac.

  1. The development of this supply chain could bring Serbia an income of 10 to 12 billion euros.
  2. Serbia could have a projected income if it produced 200,000 electric cars, along with the production of 50GWh batteries and the necessary raw materials.
  3. A value chain developed in this way could bring the opening of over 20,000 new jobs, of which about 5,000 people in the production of batteries.
  4. The production of lithium in this value chain takes up 5 to 10% of the entire story at most because there are many other components in the battery production.
  5. The value chain development of LFP batteries and electric vehicles in Serbia represents a huge economic opportunity for Serbia.

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