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09 Jul
14:18

French Verkor accelerates EV battery cell plant in Grenoble

Specialist in electric vehicle battery cells, French start-up Verkor has completed a round of investment raising €100 million ($118m). The investors are EU entity EIT InnoEnergy, IDEC, Schneider Electric, Capgemini, Arkema, Tokai COBEX and Demeter’s Fund for Ecologic Modernisation of Transport (FMET), Kallanish notes. The cash injection will allow the firm to build its Verkor Innovation Centre (VIC) in Grenoble by 2022 for battery cells design and produ…
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