Latest Verkor News & Updates

See the latest news and media coverage for Verkor. We track all announcements, press releases, and industry mentions in real time, all in one place.

Verkor

Low-carbon lithium-ion battery manufacturer and engineering services provider

verkor.com

Headquarters: Grenoble, France
Founded year: 2020
Company type: Private company
Number of employees: 1,000–1,100
Industry: Electrical Components & Equipment

Last updated October 13

Latest news about Verkor

In short: Verkor faced mounting financial pressure, sought €500 million more, changed leadership, and started battery production in Dunkirk.

Company announcements

October 13 Verkor

Verkor opens new Learning Center for battery skills training

Partners visited the facility to discuss industrial competency development and workforce professionalization within the battery sector ecosystem.

September 3 Verkor

Verkor partners with Hanwha Momentum to scale battery manufacturing

The collaboration leverages Hanwha Momentum’s industrial expertise to transition from pilot validation to large-scale production at the new Dunkirk facility.

March 30 Verkor

Verkor appoints Jacques Esculier as chairman of the Board of Directors

This appointment comes as the Dunkirk Gigafactory reaches the final validation phase, signaling the imminent start of serial production.

December 11, 2025 Verkor

Verkor inaugurates its first Gigafactory in Bourbourg

This 16 GWh/year site aims at the European industrialization of low-carbon batteries and the creation of thousands of direct jobs.

Media coverage

October 11 AffärsVärlden

Verkor changes CEO and seeks new support

The French battery producer Verkor has a new management and is applying for an additional 500 million euros in state aid amid a crisis of confidence.

October 1 新浪财经

Renault's stake in battery plant production delayed, plans to negotiate debt terms with creditors

Insiders revealed that Verkor secured €1.3 billion (approximately $1.5 billion) in financing from a consortium of 19 banks in 2024, but not all funds have been drawn yet. The company hopes to renegotiate the terms to ensure continued access to its credit lines. The expansion of Verkor’s Dunkirk factory has been delayed, and its core customer, Renault, had already shifted some battery orders to other suppliers earlier this year. Subsequently, Verkor appointed a new CEO to advance large-scale industrial production. Insiders stated that lenders include the European Investment Bank, BNP Paribas External Trade Bank, Rabobank, Societe Generale, among others, who have...

June 1 Mediapart

Batteries: Renault asks Verkor to 'correct its trajectory'

Renault, shareholder and sole customer of battery cell manufacturer Verkor, criticized Monday its growing lack of competitiveness and manufacturing delays...

May 30 Les Échos

Electric car: tensions rise between Renault and Verkor

The manufacturer deplores the production delays of the young French startup. The purchase commitments made in 2023 are disrupted by pressure on the...

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