In cooperation with strategic partners, Prime will produce batteries for significantly less cost using the concept of smart factory, innovative manufacturing, reduction of waste, and the simple optimization of locating most manufacturing process under one roof. We expect to lower our battery cells production cost with more than 20 percent.
The factory will be one of first “smart factory” for large-scale lithium batteries production. The ‘smart factory’ is the centerpiece of the digitalization of our entire company. In the smart factory, the products, machines and the entire environment are networked with each other and connected to the internet. Integration of the real world into a functional, digital world enables a so-called “digital twin” to be created, which allows the real-time representation of processes, systems and entire production shops.