Who is anodox energy systems?

Janis Vitenbergs, Latvia’s Minister of the Economy Founded in 2016, Anodox Energy Systems serves the needs of the rapidly growing electric mobility industry by meeting the increasing demand for high-capacity batteries. Anodox has supported internationally renowned brands such as Volvo, NEVS, Jinpeng Auto, Geely, Lotus, Mahindra, and Pininfarina.

Who is anodox consulting?

Originally formed in 2016, Anodox has a strong automotive industry pedigree. The firm's consulting assignments have included high-profile projects with internationally recognised brands. Now the company is focussed on pursuing large product supply contracts, targeting the rapidly expanding Electric Vehicle (EV) and sta

Why did anodox energy systems open a factory in Riga?

"We are very glad that Anodox Energy Systems decided to open factories in Riga. This will bring investment, jobs, and income to the city as well as assess the attractiveness of opportunities that our city offers by ensuring that Riga is competitive in attracting new high-growth companies.

Where is anodox based?

Their R&D centre in Sweden develops electric batteries for light trucks, passenger cars, marine and other vehicles. Anodox has selected Latvia as an ideal location to establish their factories based on its location, automotive ecosystem, and government incentives.

What does anodox do?

Theodore Zannakis, Anodox CEO In the first phase of this initiative, Anodox will produce high-quality battery packs for electric cars and light trucks in an automated factory. In the second, Anodox will produce high-performance cells leveraging LFP technology.

How much money will anodox invest in Riga?

A total of 50 million euros will be invested and up to 300 new jobs created, according to the Ministry of Economy. The factory in Riga is to go into operation by December 2022. In the first phase, Anodox wants to produce high-quality battery packs for electric cars and light commercial vehicles in the automated factory.