The funding is aimed at accelerating the development of European gigafactories, with the selected projects expected to reach a combined annual capacity of around 56 GWh by 2030. Key recipients include ACC (France), which will establish five production lines for NMC cells under the ACCEPT project; Verkor (France), which will double production capacity at its Dunkirk facility to 16 GWh under the AGATHE project; and LG Energy Solution (Poland), which will scale up production of 46‑millimetre cylindrical cells as part of the 46inEU initiative.
Lyten acquires Northvolt battery plants in Sweden and Germany
At the same time, work is advancing upstream and across new areas of the supply chain. In Germany, Vulcan Energy has secured final approval to begin building its lithium extraction plant in Landau, completing permitting for both the geothermal and extraction elements. The company can now move from planning to construction, positioning the project among Europe’s most advanced lithium developments and reinforcing efforts to establish a domestic, low‑carbon supply for the continent’s battery manufacturing base.
HoloSolis raises over €220 million for 5 GW plant
In the Western Balkans, ElevenEs has moved forward with its battery manufacturing plans, signing a Joint Declaration of Support with the European Commission and Serbia’s Development Agency during the EU Western Balkans Investment Forum in Tirana. The declaration highlights the Subotica plant’s role in advancing Europe’s e‑mobility and energy‑storage supply chains and reflects the region’s deeper integration into the continent’s emerging battery ecosystem, according to NGO New AutoMotive. (hcn)