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16 Feb

Anglo-Korean firm to build new battery gigafactory in Europe

Anglo-Korean battery manufacturer Eurocell EMEA wants to build, in record time, a gigafactory in Western Europe with the capacity to produce 40 million cells per year. The new company, a joint venture between UK-based FIC EMEA and three Korean battery technology experts, Eurocell, FIC Advanced Materials and Indong Advanced Materials, says it will take just 12 months to accomplish that. The initial £600 million project will be developed in two phases startin…
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