Eurocell to Invest 600 Million Pounds to Build Gigafactory in Europe

Eurocell to Invest 600 Million Pounds to Build Gigafactory in Europe

Eurocell, the Anglo-Korean new-generation battery company, is set to establish its first European Gigafactory, creating demonstrated ‘production ready’ innovations in only a year, far quicker than other Gigafactories. This is possible as Eurocell has an illustrated battery item prepared for scaled-up assembling and manufacturing. Eurocell will manufacture from three key business sectors, the UK, the Netherlands and Spain. The host country chosen will profit from many direct and indirect jobs. This technology transfer from Korean battery specialists will be vital to accomplishing Europe’s net-zero ambitions. Eurocell’s batteries, created in Korea, likewise enjoys a significant specialised benefit, lasting over ten times longer than ordinary lithium-ion cells.

Also Read: Assessment of the Long-term Viability of Technologies to Recycle Spent Lithium-ion Batteries

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