Project Notice |
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| PNR | 57341 |
| Project Name | XEROTECH (IEU G) |
| Project Detail | Xerotech produce batteries for non-automotive machines in particular electric off-road vehicles through an innovative process developed inhouse. The project will scale up the capacity of battery pack assembly. Objectives The aim is to contribute to support Xerotechs manufacturing capabilities to deploy modular battery solutions in the Nonroad Mobile Machinery (NRMM) space. This will enable the company to further expand its production and reduce costs, hastening the electrification in the NRMM sector. Sector(s) Industry - Manufacturing Proposed EIB finance (Approximate amount) EUR 30 million Total cost (Approximate amount) EUR 64 million |
| Funded By | European Investment Bank (EIB) |
| Sector | Advertising & Media |
| Country | Ireland , Northern Europe |
| Project Value | EUR 6,400,000 |
Contact Information |
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| Company Name | XEROTECH LTD |
| Web Site | https://www.eib.org/en/projects/pipelines/all/20220945 |
