Eurocell puts UK on shortlist for first European Gigafactory

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The UK is in the running as a location for Eurocell’s first European Gigafactory, a £600m investment that would create hundreds of direct and indirect jobs.

Eurocell
(Image: Eurocell)

Spain and the Netherlands are also on Eurocell’s shortlist, with the Anglo-Korean battery company stipulating that a final investment decision is ‘heavily dependent on gaining the right level of central government support and investment’.

Once a site is located, Eurocell said it would be producing ‘production ready’ technologies in 12 months for European energy storage, automotive, and e-mobility applications. Full capacity will be reached as early as 2025.

Eurocell said its batteries last over ten times longer than conventional lithium-ion cells, making them far more sustainable, with no ‘end of life’ issues and suited for ESS applications. Their wide range of operating temperatures also makes them suited to areas with extreme weather and without an existing grid network.

In a statement, Recardo Bruins, CEO Eurocell EMEA, said: “Eurocell in the UK is a new company, led by a highly experienced UK team and backed by our South Korean partner with decades of experience in electrochemistry, making batteries at mass-scale and building the Gigafactories to produce them.

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