The project consists of implementing an advanced manufacturing technology for the production of li-on battery cells in Europe, considered as a key enabler for the development of the European EV industry. The company achieved an important milestone in cells prototyping and now needs to follow suit with getting it in a stable serial production at acceptable scrap rate, the hardest part in this high-tech industry by some accounts. The project could make a substantial contribution to the development of the EU-based battery industry. The knowledge spill overs in Europe are related to the cooperation with a French EPC constructor for the development and construction of the highly specialised building (clean room, utilities), and with regional technical schools for the up/re-skilling of the labour force.
| InvestEU operation amount | EUR 350 million |
| Sector | Manufacture of basic metals and fabricated metal produtcs |
| Subsector | |
| Policy window | Sustainable Infrastructure (SIW) |
| Approval by the Investment Committee | 23 March 2023 |
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- Reference
- INVEU-ICR-0016-2023
- Project locations
- France
- Policy window
- Sustainable Infrastructure (SIW)
- Eligible areas
- Energy
- Mobility
- Environment
- Implementing partner
- EIB