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Renault signs two major battery deals for production in France; Envision AESC and Verkor

Green Car Congress

The Renault Group has entered two major partnerships for the production of Li-ion batteries in France. Investing to build a new gigafactory in northern France, we aim to support the net zero carbon transition by making high performance, longer range batteries and EVs affordable and accessible for millions more motorists.

France 334
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France had to ditch an EV leasing incentive program because it was too popular

Teslarati

France had to ditch an electric vehicle leasing incentive program that helped low-income households obtain zero-emission vehicles because it was too popular. France then upped the program to offer 50,000 vehicles after it had received more than 90,000 applications for the program. We have to do both.”

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Verkor gets over 1.3 bn euros in financing for Dunkirk EV battery gigafactory – ET Auto

Baua Electric

The gigafactory will have an initial production capacity of 16 GWh/year and create about 1,200 direct jobs and 3,000 indirect jobs within two years, Verkor says. billion) in green financing for its first battery gigafactory in Dunkirk , finalising its funding. French battery start-up Verkor said on Friday it had secured more than 1.3

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Arkema boosting Kynar PVDF production to meet Li-ion materials demand; targeting €1B in battery sales by 2030

Green Car Congress

France-based specialty chemicals and materials company Arkema announced a 50% increase in its Kynar PVDF fluoropolymer production capacities at its Pierre-Bénite site in order to address the fast-growing demand for materials for lithium-ion batteries. Arkema now aims for sales of at least €1 billion in the battery sector by 2030.

Li-ion 221
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Battery maker Blue Solutions plans 2 bn euro gigafactory in France – ET Auto

Baua Electric

Blue Solutions’ planned gigafactory would be located in eastern France, close to both French and German automakers, and start production in 2030, Bouveret said in an interview. French company Blue Solutions plans to build a gigafactory in eastern France costing about 2 billion euros (USD 2.17

France 52
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Universal Hydrogen secures additional $62M in financing to accelerate first test flight of hydrogen-powered regional aircraft to 2022

Green Car Congress

The green hydrogen for the flight will be supplied using Universal Hydrogen’s modular fuel capsules that enable the delivery of hydrogen from the point of production directly to the aircraft using the existing freight network and airport cargo handling equipment without the need for any new infrastructure.

Hydrogen 397
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Plug Power, Chart Industries and Baker Hughes to become cornerstone investors in FiveT Hydrogen Fund; clean hydrogen at scale

Green Car Congress

Plug Power, Chart Industries, Inc. Plug Power intends to commit €160 million ($200 million), and Chart Industries and Baker Hughes each intend to commit €50 million respectively ($60 million). The Fund will exclusively finance projects in the production, storage and distribution of clean hydrogen.

Hydrogen 170