ElevenEs is a European manufacturer specializing in Lithium Iron Phosphate (LFP) battery technology. Founded in 2021 as an industrial spin-off of Al Pack Group, the company produces advanced LFP battery cells from its base in Subotica, Serbia. The company stands out for creating the first cobalt and nickel-free battery cells in Europe, making significant contributions to sustainable energy solutions. Their main product, the EDGE battery cell, delivers superior performance while maintaining cost-effectiveness and environmental responsibility. The company’s expertise stems from its connection to Al Pack Group’s extensive experience in aluminum processing and industrial operations.
Battery Technology
ElevenEs focuses on developing and manufacturing prismatic LFP battery cells, which offer distinct advantages in the energy storage sector. The EDGE battery cell technology represents a significant advancement in terms of safety, sustainability, and cost efficiency. These cells demonstrate exceptional longevity, lasting up to three times longer than conventional alternatives, while maintaining the lowest cost per cycle in the market.
The company’s LFP technology eliminates the need for cobalt and nickel, reducing environmental impact and supply chain dependencies. The battery cells integrate seamlessly across multiple applications, from electric vehicles to large-scale energy storage systems. For commercial vehicles and buses, the EDGE cells deliver over 6,000 cycles of reliable performance.
The manufacturing process incorporates advanced techniques derived from Al Pack Group’s precision aluminum processing expertise. This approach enables ElevenEs to produce batteries that meet strict European quality standards while maintaining competitive pricing. The company’s technology roadmap includes continuous improvements in energy density and charging capabilities, ensuring their products remain competitive in the evolving battery market.
Recent Projects
In late 2024, ElevenEs initiated the expansion of its production facility in Subotica, Serbia, with an investment of EUR 80 million. This new facility, scheduled to begin operations in 2025, will produce 1,000 megawatt-hours (MWh) annually. The company also began shipping its first EDGE battery cell prototypes for customer testing in early 2024.
Looking ahead to 2025-2027, ElevenEs plans to establish two gigafactories. The first facility, Giga-I, aims to achieve 8 GWh production capacity by 2026, while Giga-II targets 40 GWh by 2027, bringing the total capacity to 48 GWh.
Investors
ElevenEs has secured strategic investment from EIT InnoEnergy, a prominent European investor in sustainable energy projects. EIT InnoEnergy’s portfolio includes successful battery ventures like Northvolt and Verkor, bringing valuable industry connections and expertise to ElevenEs. The company also benefits from strong backing by Al Pack Group, its parent organization, which provides industrial expertise and resources for manufacturing operations.
Business Details
Location: Tolminska 35, Subotica, Serbia
Secondary Office: 8-10, Avenue de la Gare, Luxembourg
Website: https://elevenes.com
LinkedIn: https://www.linkedin.com/company/79722705
