The way forward for batteries wants greater than enterprise capital

W
elcome to the TechCrunch Trade, a weekly startups-and-markets publication. It’s impressed by the each day TechCrunch+ column the place it will get its identify. Need it in your inbox each Saturday? Enroll right here.

At this time I have a look at the place funding for Verkor’s gigafactory is coming from. I even have some ideas on developer portals, 3D-printed prefabs and fast supply. — Anna

The way forward for batteries

French battery maker Verkor secured greater than €2 billion (round $2.1 billion) to construct its Dunkirk gigafactory, which is ready to be operational by 2025, with an preliminary manufacturing capability of 16 GWh/yr.

There’s rather a lot to be mentioned about gigafactories, the way forward for batteries and the inexperienced transition. For example, that demand isn’t as a consequence of simply EVs. Or how recycling may look. However what struck me probably the most about Verkor’s announcement is the place its funding is coming from.

READ MORE  Feds Say Activision Layoffs Violate Promises Microsoft Made in Merger Deal

Leave a Comment