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InvestEU
  • Project

Verkor EV Battery Gigafactory

Energy

The operation comprises the construction and operation of a 16 GWh production facility for advanced lithium-ion batteries for Electric Vehicles application. The Project will be located in the Port of Dunkirk, in northern France (Hauts-de-France region) and is the first phase of what could become one of Europe's major battery factories with a total capacity of 50+ GWh by 2030. With 4 production lines, the Project is expected to produce battery cells to equip up to 300,000 vehicles annually. The factory will deliver modules for multi-purpose und multi-brand use, including for small trucks. The implementation of the Project is expected to lead to the create 1200+ direct and 3000 indirect jobs in a Transition Region of the EU.

InvestEU operation amount EUR 350 million
Sector Manufacture of batteries and accumulators
Subsector  
Policy window Sustainable Infrastructure (SIW)
Approval by the Investment Committee 06 July 2023

Links and documents

Verkor EV Battery Gigafactory

  • 10 APRIL 2024
Conclusions – Verkor EV Battery Gigafactory
  • 10 APRIL 2024
Scoreboard - Verkor EV Battery Gigafactory

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Policy window
  • Sustainable Infrastructure (SIW)
Eligible areas
  • Energy
Implementing partner
  • EIB