StB Giga Factory, the Philippines’ first manufacturing plant for advanced lithium Ion phosphate batteries, is poised to ramp up capacity to 2 gigawatt-hours (GWh) by 2030 from the current 300 to 500 megawatt-hours (MWh).
Paulo Salvador of the business development department at StB Giga, said the company is adding two more facilities in Clark to accommodate the expansion.
Salvador did not disclose the project cost but said this will be on top of the P5 billion initially invested for the factory inaugurated last September.
Jose Montano of the business development division at St Baker and Pure EV, said with addition of new equipment, the current capacity of StB Giga Factory can go up to 1 million MWH.
Since the factory is located in an export processing zone, 70 percent of the output will be exported and the remaining 30 percent will be sold locally.
The company will make batteries for all applications such as EVs and specialty vehicles like golf carts, forklifts among others. It also makes an extensive line of energy storage products for residential, commercial, industrial and utilities scale.
“The factory just started. We’re just starting up the energy storage assembly and we will have the products out shortly. Batteries for EVs and all other multi batteries will be available from that factory in the second quarter of next year,” Montano said.
He said to address immediate demand, StB’s sister company can supply multi batteries for EV market temporarily from the original source.
Aside from StB Giga factory, St. Baker has investments in a company that makes electric trikes (e-trikes), Pure EV.
Montano said in the last five years, Pure EV has been making, deploying and operating e- trikes. The biggest deployment is in Antipolo City, 200 units.
Pure EV produces roughly 200 to 250 units a year.
By the end of 2025, it eyes to assemble and deploy 1,500 to 2,000 units of e-trikes. Target areas are Boracay and Eastern Samar.
“St Baker believes in sustainable ecosystems in terms of EVs
We have brought in the assembly of trikes and chargers for charging stations,” Montano said.
The Giga battery manufacturing plant in Clark is funded by Australia-based venture capital firm StB Capital Partners (St Baker).
