Eurocell, an Anglo-Korean battery company, is set to build its first European Gigafactory, producing proven ‘production ready’ technologies in just 12 months.
With an initial £600m investment planned over two phases, it intends to supply European energy storage, automotive, and e-mobility applications. Full capacity could be reached as early as 2025, said Eurocell.
The company will mass-produce and export its market-leading technologies from one of three key markets, the UK,...
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