Maxim Sakov
Maxim Sakov

OOO Renera, subsidiary of Rosatom, has purchased Enertech International, a South Korean company.

According to the signed agreement, Li-Ion accumulator batteries and related power systems will be produced in Russia. It’s expected that production will be started in 2025, and in 2030 the plant capacity will be increased to minimum 2 GWt*hr

The batteries will be installed in trucks, buses and special machines.

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PSR Analysis: It’s important to notice that there are no passenger car batteries among the planned production. So, electric passenger cars are still not considered as having significant market potential in Russia.   PSR

Maxim Sakov is Market Consultant – Russia Operations for Power Systems Research