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Europe's First Giant Battery Plant Gets Funding


Industry Segment: Automotive | Word Count: 859 Words

GALWAY, IRELAND--June 24, 2019--Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland)--Europe's first large-scale lithium-ion battery factory has secured $1 billion in equity from a group led by Volkswagen (VW), Goldman Sachs and BMW, which will see work on the planned facility start in August in Skellefteċ, Sweden.

Within this article: Details of investment, plant start date, capacity, partners, advance battery sales and related projects

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