EL EVATA established a subsidiary, “EL B GmbH,” in Ober-Bayern, South Germany, with 100% capital contribution. The company built a factory there for the final assembly of LFP batteries, which is its current flagship product, in order to amplify its battery business in Europe. "EL B GmbH" will serve as EL EVATA’s base in Europe to oversee the battery production lin in Kayseri, Turkiye, as well as to foster new technology and conduct R&D.