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28 Jun
14:29

Renault buys stake in Verkor, details Envision gigafactory deal

Renault Group is buying a more than 20% stake in French start-up Verko, a specialist in EV battery cells, to boost production of high-performance batteries for the C and high-end segments of the Renault and Alpine models. In 2022 the automaker will initially invest in a pilot line for battery cell production at Verkor’s R&D facility Verkor Innovation Centre. Starting in 2026, the start-up will build a gigafactory for high performance batteries with …
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