Ras Al Khaimah will soon be home to a new state-of-the-art battery cell gigafactory, it was announced on Wednesday.
The $3.2 billion project, unveiled by US-based Statevolt, will mark a significant milestone in advancing technological innovation in the energy storage sector.
The project will cover 60 hectares in Al Hamra Industrial Zone in RAKEZ. Moreover, it is anticipated to generate up to 2,500 direct job opportunities, fostering…