French startup Verkor seeks to build battery factory by 2023

Verkor rendering — A rendering of Verkor's planned battery cell factory. The startup says it would employ about 2,000 people, with an initial capacity of 16 gigawatt hours.

August 13, 2020 04:00 AM

PARIS -- As electric vehicle sales gain momentum in Europe, calls are increasing for battery cell makers to locate production on the continent rather than Asia.

Featured Stories

Nissan says it’s here to stay at show-and-tell, plans wave of 10 products by ’27 in ‘critical’ U.S.

Nissan robotaxi contortions expose self-driving roadblocks for Japan’s automakers

Scammers are pushing auto loan fraud to record levels

GM expanding use of regional hubs to pool inventory for dealers

Latest News

Canada freezes Tesla’s $43M in EV rebate payments following flood of last-minute claims

How BYD became a global EV powerhouse

Suspect arrested in connection with theft of 8 Chevrolet Corvettes from Bowling Green plant

Tesla emissions pool adds Honda, Suzuki to Stellantis, Toyota and Ford

Staying current is easy with newsletters delivered straight to your inbox.

See More in Suppliers

Steel maker Cleveland-Cliffs plans layoff of 600 Detroit area workers, citing weak auto production

German suppliers explore opportunities in the defense industry

Major automakers stop tracking spending with minority-owned suppliers amid DEI pullback

Why Continental predicts rapid brake-by-wire uptake

Staying current is easy with newsletters delivered straight to your inbox.