Collin Arocho
3 November

Battery solutions specialist Eleo (formerly Spike Technologies) has announced its plans for a “considerable expansion.” The Helmond-based manufacturer of advanced battery systems has broken ground on its new production facility at the Automotive Campus in Helmond. The 3,000 m2 manufacturing plant, with the possibility to expand to 4,000 m2 in the future, will enable the company to increase production capacity by a factor of 10, up to 500 MWh, or roughly 10,000 battery packs annually.

Eleo battery production plant
Credit: Eleo

The new plant will be outfitted with state-of-the-art machines to enable a fully automated battery assembly process in the cleanroom, as well as high-tech R&D labs to further develop the battery technology. The new facility, however, is only one part of the company’s ambitions to grow. Currently, the startup has 27 employees, but with the expansion in space and capabilities, Eleo also expects to grow its workforce to more than 200.

“With our advanced batteries, we enable the electrification of a wide variety of industrial machinery,” explains Bas Verkaik, co-founder of Eleo. “Due to the enormous growth, our current production location soon proved to be too small. We’re pleased that we’ve found a suitable parcel where we can expand our company and further scale up internationally.”