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Verkor recently secured over €2 billion in a funding round, including €850 million in Series C funding, €600 million in support from the European Investment Bank, and approximately €650 million in French subsidies. This substantial investment will accelerate the construction of their Dunkirk gigafactory, advance technological developments, and strengthen their position in the European battery

Last week, the Chinese battery company Shanghai Putailai New Energy Technology (PTL) announced its plans to establish a factory in Northern Sweden, just outside Timrå with the aim to build Europe’s largest facility for the manufacture of anode materials. Anode material is a main component of batteries, but currently production of this key material is

Two very important documents for the European green transition where released yesterday: The Commission proposed the Net-Zero Industry Act to scale up manufacturing of clean technologies in the EU and make sure the Union is well-equipped for the clean-energy transition. This initiative was announced by President von der Leyen as a part of the Green Deal Industrial Plan. Read more

Exploring the momentum of the Nordic battery industry – and how it can unlock the EU’s quest for a sustainable value chain Recorded episode in Studio 1 (BuS Stockholm) 23 February/2 March 2023 at 09-00-12.00 CET Participants: Julia Altenhofer, Director EU Public Policy, Northvolt Ilka von Dalwigk, Policy Manager, EIT InnoEnergy Richard Zuang, General Manager,

– Adapting Europe’s toolbox, with speed and simplicity, for a business friendlier environment, today and tomorrow On March 1st, 2023 the European Battery Alliance hosted its 7th High Level Meeting. The meeting, chaired by Commission Vice-President Maroš Šefčovič focused on new and emergency measures strengthening the global leadership of the European battery industry in the

Thursday February 23, the second edition of the Nordic Battery value chain was officially issued at a special edition of the Nordic Battery Thursdays especially dedicated to this. The report is held together by Business Sweden and made by the following organizations: The three trade promotion organizations: Innovation Norway, Business Finland and Business Sweden and