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Start-up Verkor plans to develop France’s second gigafactory

Fri, 07/31/2020 - 15:23 -- Paul Crompton

Battery start-up Verkor is set to increase European battery cell production with  a16GWh lithium-ion gigafactory in an as yet undisclosed location in France. 

With support of EIT Energy, Schneider Electric and the IDEC Group, the new venture will produce low-carbon batteries in France to help meet the increasing demand for electric vehicles (EVs) and battery energy stationary storage (BESS).

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