Eurocell plans new Gigafactory in the Netherlands

Aug 2022


Anglo-Korean battery company Eurocell EMEA is in advanced negotiations with the Dutch government and investment agency NOM to agree a final location for the company’s first European Gigafactory.  The company plans to begin production from the new site as early as 2023, with annual production rising to over 40 million cells by 2025. The facility will initially supply advanced-technology battery cells to existing customers, eventually expanding its supply networks to Europe’s energy storage, automotive, e-mobility and consumer electronics industries. The two-phase project involves an initial investment of USD800 million, with potential funding to increase to…


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Image Credit: Eurocell-EMEA