France startup Verkor is building a gigafactory in Dunkirk to mass-produce battery cells for 300 000 electric cars each year

Benoît Lemaignan had an epiphany in the autumn of 2018. Just starting out as an investment manager at Meridiam, he received a pitch from Northvolt, a Swedish company seeking billions of euros to produce batteries for electric vehicles.

French firm Verkor to mass-produce EV batteries in Dunkirk (eib.org)