Anglo-Korean battery manufacturer Eurocell has chosen the Netherlands as the location for its first European production site, having previously also considered sites in the UK and Spain.
The firm says it is now "in advanced discussions" with authorities in the Netherlands, and is progressing towards a goal of reaching full production capacity by 2025, but has yet to define the exact location for its plant. It says it will supply both the energy storage and electric mobility sectors across Europe.
The factory will be built in two phases, and Eurocell says the first battery cells will enter production in the first completed section 'at scale' by early next year - which, it says, means it will be in operation "far faster than other gigafactories".
