Italvolt to build first Italian battery gigafactory

By Dalila Ouerghi
Published: Tuesday, 16 February 2021

Startup Italvolt will build the first lithium-ion battery gigafactory in Italy with an initial capacity of 45 GWh, it announced on Monday February 15.

The initial phase of the project is due to be completed by spring 2024 and the investment required to fund the project is €4 billion ($4.85 billion), it said.

The initial 45 GWh capacity could subsequently be expanded to reach up...

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