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Korean EV and Battery Cell Manufacturing Plant in SEZAD

Sector: Energy Storage • Location: Duqm, Oman

Source: Oman Observer

Project
Planned

The Public Authority for Special Economic Zones and Free Zones (OPAZ) has signed an investment agreement with South Korean company EL B&T to establish an electric vehicle and battery cell manufacturing project in the Special Economic Zone at Duqm (SEZAD). The project will be developed in two phases, expected to produce up to 60,000 electric vehicles annually and 1.6 million battery cells after com

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The project “Korean EV and Battery Cell Manufacturing Plant in SEZAD” is an infrastructure initiative in the Energy Storage sector, located in Duqm, Oman. Taiyo aggregates data on it from Oman Observer.

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Participants

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planned

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Description

Description

The Public Authority for Special Economic Zones and Free Zones (OPAZ) has signed an investment agreement with South Korean company EL B&T to establish an electric vehicle and battery cell manufacturing project in the Special Economic Zone at Duqm (SEZAD). The project will be developed in two phases, expected to produce up to 60,000 electric vehicles annually and 1.6 million battery cells after completion of the second phase. The project aims to support the development of an integrated electric vehicle ecosystem in Al Duqm and aligns with Oman's Vision 2040 and net-zero carbon goals.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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