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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.

  • The development of this supply chain could bring Serbia an income of 10 to 12 billion euros.
  • 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.
  • 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.
  • 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.
  • The value chain development of LFP batteries and electric vehicles in Serbia represents a huge economic opportunity for Serbia.