Business case

Strategising Europe’s future: site selection for a giga battery factory

Situation: Strategy and business changes
Strategy

Context

Our client, a leading Asian EV battery manufacturer, was looking to identify an optimal European location for a new giga factory for EV batteries.

Key Takeaway

We successfully identified and evaluated multiple European sites for the giga factory’s construction and ultimately conducted comprehensive scenario-based analyses to support the client’s final location decision.

Accuracy Role

During Phase 1, we conducted an exhaustive review of Europe’s EV battery market, mapping supplier locations and engaging with national agencies to assess potential sites. Our efforts led to the identification of 94 prime locations, of which five were selected through a client-tailored evaluation process. In Phase 2, we crafted detailed financial models for the shortlisted sites, incorporating diverse cost factors like labour and utilities. These models facilitated sensitivity analyses to evaluate how different variables could impact the giga factory’s profitability.

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