Verkor, the French manufacturer of low-carbon batteries has secured over €2 billion in a Series C funding round. The capital, comprised of a minimum of €850 million, a €500 million loan from the EIB, and French government subsidies totaling approximately €650 million, will be used to finance the launch of a Dunkirk-based gigafactory.
Verkor secures €2B for low-carbon battery gigafactory launch
