Hyperdrive
Taiwan’s ProLogium Eyes 2027 for EV Battery Output in France
- Startup aims to produce new generation of battery cells
- Total investment would reach €5.2 billion by early 2030s
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Taiwanese battery maker ProLogium Technology Co. aims to start mass production of a new generation of cells for electric vehicles in France from 2027 as part of its project to invest as much as €5.2 billion ($5.7 billion) in the country.
“We really want to have material procurement in Europe, R&D centers in Europe, and mass production capacity in Europe,” said Gilles Normand, ProLogium’s executive vice president for international development and a former Renault SA executive. “Europe is a little ahead of the US in terms of EV adoption.”