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Caterpillar-backed Serbian battery plant to hire 350+ workers

Summary by stocktitan.net
1GWh Subotica mega-factory will span 25,000 m² and employ 350+ people as ElevenEs scales LFP Edge cells; first deliveries from the plant are due in 2027.
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2 Articles

evertiq.comevertiq.com

ElevenEs secures Caterpillar backing, plans battery factory in Serbia

ElevenEs has completed the first closing of its Series B financing round, with proceeds earmarked for the construction of a 1GWh lithium iron phosphate (LFP) battery cell factory in Subotica, Serbia. Construction is scheduled to begin in February 2026, with first cell deliveries expected in 2027.

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stocktitan.netstocktitan.net

Caterpillar-backed Serbian battery plant to hire 350+ workers

1GWh Subotica mega-factory will span 25,000 m² and employ 350+ people as ElevenEs scales LFP Edge cells; first deliveries from the plant are due in 2027.

Read Full Article
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stocktitan.net broke the news in on Tuesday, February 24, 2026.
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