Verkor, the battery-cell manufacturer founded to ramp up and fast-track the production of batteries for electric vehicles and stationary storage in Europe, is celebrating its one-year anniversary. Our goal is manufacturing excellence, drawing on our digital-native processes and data architecture to achieve ultra-efficiency, and optimal profitability and reliability.   Origins In July 2020, amidst a global pandemic that slowed down the economy and society, and urged by the growing climate issues facing the transport industry, six industry and battery experts and entrepreneurs, driven by the European Battery Alliance (EBA), came together to create Verkor. On 29 July 2020, the first…

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. Press release Grenoble, France – 6 July 2021 – In less than a year after its launch, the French industrial company Verkor today announces that it has raised €100m in funding. Co-led by EQT Ventures and Renault Group, with participation from the French Government and Auvergne-Rhône-Alpes Region, the funding will support the company’s expansion, and trigger…

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.  Press release Renault Group is to become a shareholder in the French industrial company Verkor. The partnership represents a milestone moment for Verkor and keeps the company on track to deliver high-performance battery cell manufacturing in France to support Europe’s net zero goals.  Under the partnership, the construction of Verkor’s first Gigafactory will start in 2023.…