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Verkor signs strategic partnership with Plastic Omnium

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March 29, 2022

Press release

Plastic_Omnium

With the arrival of Plastic Omnium, Verkor has a new strategic partner to develop its product range and expand its presence on the low-carbon mobility and stationary storage markets.
  • The partnership will focus on the development, manufacture and commercialisation of battery modules and parts using Verkor cells
  • The partnership is focused on private and commercial mobility solutions and stationary storage solutions
  • Plastic Omnium announces investment of €20million in Verkor

Plastic Omnium becomes a new strategic industrial partner for Verkor. The two companies will work together on the development, manufacture and commercialisation of battery modules and parts using Verkor’s cells. Starting in 2025, Plastic Omnium will have preferred access to an initial volume of at least 4 GWh per year from Verkor’s industrial manufacturing site in Dunkirk (in the north of France).

The partnership will focus on the high growth clean mobility markets of personal and light commercial vehicle solutions(<3t) and semi heavy-duty vehicles(<16t) and will be open to opportunities in stationary storage applications. Plastic Omnium brings its savoir-faire in the assembly of complex automotive parts, and Verkor brings its expertise in the development of high-powered, low-carbon sustainable battery cells.

In addition to the partnership, Plastic Omnium announced that it is investing €20 million in Verkor. The move will allow Verkor to expand its presence across what are strategic growth markets for both companies.

“This new industrial partnership positions Verkor as a key player in the electric mobility space and gives us the opportunity to develop our expertise on the commercial vehicles and stationary storage markets. Verkor is proud to work with Plastic Omnium, a major innovative player in mobility and industry with a long-term, future-focused strategy. says Benoit Lemaignan, CEO of Verkor.

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