Volkswagen Group has started construction on a new battery plant in Valencia, Spain, according to foreign media reports. With an expected annual production of 40GWh by 2026, the plant will primarily produce power batteries for entry-level electric vehicles under the Volkswagen and Skoda brands. After the plant begins operation in 2026, Volkswagen Group intends to […]
Dutch battery innovator LeydenJar lands €30 million EIB quasi equity financing, backed by a European Commission guarantee, to scale up its technology and production. LeydenJar will build a new factory with a production capacity of 100 MWh to produce its pure silicon anodes for a high energy density battery on an industrial scale, accelerating the […]