Panattoni Europe to develop European headquarters for Microvast near Berlin

• New location on long-term lease in Ludwigsfelde, Brandenburg
• Innovative production of lithium-ion batteries to create 150 new jobs
• Completion scheduled for December 2020

Panattoni Europe, the leading project developer for industrial and logistics premises in Europe, is to develop a production facility for Microvast GmbH, the electric vehicle power solution provider, in the town of Ludwigsfelde in Brandenburg. The 36,000m² site will accommodate approximately 5,300m² of storage space, around 3,300m² of office space and social areas and about 10,500m² of production space. In addition, 106 car parking spaces will be created.

The premises will meet the complex requirements of lithium-ion battery production. The building will stand at 10m tall (to underside of roof truss) and correspond to the DGNB (German Sustainable Building Council) Gold Standard. The site’s convenient location and excellent transport connections were key factors in selecting Ludwigsfelde for the development. The production site will be erected in the industrial park 4.0 “An der Eichspitze” in the district of Genshagen, a location that enjoys good connections to the Berlin public transport network, the B101 federal highway and the A10 federal autobahn. As a result, Microvast will have fast and direct connections to the country’s capital, Berlin, which serves as an important gateway for international goods.

“The specific requirements of lithium-ion battery production are a particularly fascinating aspect of the work to design and construct the premises for Microvast,” said Fred-Markus Bohne, Managing Partner of Panattoni Europe. “First and foremost, we would like to thank the municipality of Ludwigsfelde and IPG Potsdam for their trust and tremendous support in this project. Not only are powerful batteries one of the key technologies in mobile devices, they also play a crucial role in the increasingly important field of e-Mobility. Once completed, the production centre is also set to create 150 new jobs.”

Sascha Kelterborn, Managing Director of Microvast GmbH and Senior Vice President of Microvast, Inc., commented on the company’s new location: “We are delighted with our cooperation with Panattoni Europe. The site’s proximity to Berlin was among the factors in Microvast’s decision to base its European headquarters in Ludwigsfelde. The capital is, in effect, our gateway to the many research and education institutions in the Berlin metropolitan area; at the same time, Microvast will also benefit from the various companies in the area – providing ideal conditions for Microvast’s research, development and production site in Ludwigsfelde.”

Panattoni Europe plans to start construction in April 2020, with completion scheduled for December 2020. Manfred Jenschke acted as a consultant to Microvast on the new development.