Italvolt to build first Italian battery gigafactory
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...