Verkor specializes in lithium-ion battery production with silicon-based anodes for enhanced energy density and extended battery life. Its manufacturing processes include roll-to-roll production, digital innovations, and smart factory concepts to increase efficiency and scalability. The Grenoble innovation center tests new production methods and houses a scaled replica of planned Gigafactory operations. Verkor develops cylindrical cells for commercial vehicles, electric buses, and industrial equipment, emphasizing local manufacturing and renewable energy use to achieve a carbon footprint four to five times smaller than Asia-produced batteries.
Cylindrical lithium-ion cells featuring silicon-based anodes designed for commercial vehicles, electric buses, and industrial equipment, offering high energy density, extended cycle life, and sustainable, locally manufactured production.
In 2024, Verkor welcomed EnerSys and ING Sustainable Investments as strategic investors and saw its Bourbourg Gigafactory near Dunkirk achieve grid connection ahead of schedule, targeting production of batteries for 300,000 electric vehicles annually with a capacity of 16 GWh. That year, Verkor held a recruitment event attracting over 1,200 participants as part of its plan to employ 1,200 staff by 2027.
Major shareholders include Renault Group, EQT Ventures, Sibanye-Stillwater, Macquarie Asset Management, EnerSys and ING Sustainable Investments. The European Investment Bank provided €270M in direct loans, and a consortium of 16 commercial and three public banks issued a €1.3B green loan. Additional investors include Meridiam, PULSE (CMA CGM Energy Fund) and Airbridge Investments.
