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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.

Grenoble, France, 28 June 2021 – 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.

Grenoble, March 3, 2021 — Verkor and AURA AERO have signed a memorandum of understanding and a partnership to develop and manufacture batteries for electric aviation.

Paris, February 4, 2021 – Capgemini and Verkor announced today that Capgemini has joined the venture created by Verkor, the French industrial company with a mission to accelerate the production capacity of low-carbon batteries in Southern Europe through the creation of a first 16 GWh Gigafactory.