Posts Tagged: Verkor

Verkor raises €100 million to build European battery gigafactory

Less than a year after its launch, French industrial company Verkor has raised €100 million in a funding round co-led by EQT Ventures and Renault Group, with the participation of the French government and the Auvergne-Rhône-Alpes Region. The funding will support the company’s expansion and the construction of the Verkor Innovation Centre (VIC), where the… Read more »

Verkor partners with Renault to manufacture battery cells in France

A number of companies and public/private partnerships are working to build a competitive and sustainable battery cell supply chain in Europe. One of these is the French battery startup Verkor, which just announced an agreement with the Renault Group to develop and manufacture battery cells. Renault Group will acquire a stake of around 20% in… Read more »

Startup Verkor plans to build 16 GWh battery gigafactory in France

After at least a year in stealth mode, French startup Verkor has announced plans to build a battery gigafactory in France. The facility, which is to open in 2023, will have an initial annual capacity of 16 GWh, which could be expanded to 50 GWh at a later date. The new company says it will… Read more »