Manz AG has received a follow-up order from Britishvolt for equipment to manufacture lithium-ion battery cells. The order, with a volume of around EUR 20 million, follows the order already placed by Britishvolt for the first expansion stage of a production line for battery cells, amounting to more than EUR 70 million. Both projects will have an impact on sales and earnings in 2022 and 2023.

Manz and Britishvolt are thus expanding their strategic cooperation as planned. The follow-up order for the realization of a ground-breaking gigawatt production line comprises a customized production technology for the assembly of cylindrical cells. Due to the simultaneous engineering approach, Manz AG is able to realize a delivery of the equipment already in 2023.

Production is scheduled to start as early as the end of the same year. Britishvolt's ambitious growth plans include additional lines to increase the total production capacity to well over 100 GWh.