Verkor

Verkor raises more than 250 million euros in additional financing for its Verkor Innovation Centre

Verkor has received the support of the European Investment Bank, securing the financing of its technological and innovation centre in Grenoble, France which is coming to completion the first half of 2023. This latest mechanism mobilises Verkor’s solid financial ecosystem of industrial partners in the battery sector, commercial banks, investment funds, and public banks. The […]

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French company Verkor chooses Dunkirk to build its first Gigafactory

French startup Verkor has announced the selection of Dunkirk (Hauts de France) for the construction of its first Gigafactory that will produce low-carbon battery cells designed to support Europe’s net-zero goals. The announcement marks a significant milestone for Verkor, founded in 2020, and for the European battery industry at large. Dunkirk has proven to be

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Verkor raises €100m to develop high-performance sustainable battery cells in France

Co-led by EQT Ventures and Renault Group, the fundraise allows Verkor to break ground on an advanced R&D facility and pilot line for high-performance battery cells and intelligent manufacturing – a leap forward in its roadmap to 50 GWh battery production capacity by 2030. Less than a year after its launch, the French industrial company

Verkor raises €100m to develop high-performance sustainable battery cells in France Read More »

Verkor partners with Renault Group to gear up its battery manufacturing in France

Renault Group and Verkor will develop and manufacture new high-performance battery cells, bringing manufacturing excellence and a competitive, sustainable, and local battery cell value chain to Europe. Part of the initial output of Verkor’s first Gigafactory will be allocated to Renault’s premium vehicle programmes. Renault Group is to become a shareholder in the French industrial

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Verkor, Europe’s new battery cell producer, begins its industrial journey

Verkor, a French industrial company, is set to amplify battery cell production in Europe, with the support of EIT InnoEnergy, Schneider Electric and the GROUPE IDEC. The new venture will accelerate the production capacity of low-carbon batteries in southern Europe to meet growing demand for electric vehicles and stationary storage. Production in Verkor’s first Gigafactory

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