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Greenway 2021 highlights: IPO, cell supply agreement with LG Energy, new factory plans

Greenway 2021 highlights: IPO, cell supply agreement with LG Energy, new factory plans

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  On 1. February 2022 starts the new year of the tiger in the Chinese calendar. The year of the ox is about to end.

  It is time to look back and review the last 12 months of Greenway Technology.

  Greenway went IPO, closing with a total market value of around 1,1 billion euros on its first day, 11. June 2021.

  On September 21, Greenway already certifies the UKCA, a new standard that replaces CE mark in Great Britain.

  Greenway Technology and LG Energy form a long-term cell supply cooperation in October. This strategic supply agreement guarantees Greenway Technology deliveries of 21700 lithium-ion cells.

  TÜV Rheinland issues one of the world's first certificates of EN 50604-2016+A1:2021 to one of Greenway’s battery packs in November.

  A new production site is planned for € 236 Million. It will facilitate an extended R&D center and a production plant for battery cells and energy storage in Dongguan, China.

  It has been a great and very important year for us, and we are looking forward to the year ahead.

  Thank you - partners, clients, and investors for making all those highlights possible. Each event was crucial to set the further path into a promising year of the tiger.

  And this year the tiger is ready to make a leap.

  Happy new year!!