| Project Detail |
Construction and operation of a state-of-the-art manufacturing plant in Douai, France, to supply the Renault Group with advanced lithium-ion battery cells for electric vehicles (EV).
Objectives
The project is eligible under Article 309 point (a) projects for developing less-developed regions and point (c) common interest.
Comments
The project concerns a first implementation in Europe of an advanced manufacturing technology tailored to the production of a sub-type of cutting-edge li-ion battery cells. The latter is considered a key enabler for the development of the European EV industry. The project could make a substantial contribution to the development of the EU-based battery industry. The knowledge spillovers in Europe are related to the cooperation with the French EPC constructor for the development and construction of the highly specialised building (clean room, utilities), and with regional technical schools for the up/re-skilling of the labour force. The project caters for the transition in e-mobility by supplying the growing demand in Europe for EV batteries with cutting-edge battery cells. It therefore qualifies in full as Climate Action (mitigation). The project is located in a cohesion region where it will create significant long-term skilled employment. It therefore qualifies in full under Cohesion.
Sector(s)
Industry - Manufacturing
Proposed EIB finance (Approximate amount)
EUR 403 million
Total cost (Approximate amount)
EUR 807 million
Environmental aspects
The implementation of an industrial scale plant for serial production of lithium-ion battery cells may need a full environmental impact assessment (EIA) or a screening decision in accordance with the EIA directive. This and other environmental, climate and social aspects will be appraised during project due diligence.
Procurement
The Promoter has been assessed by the EIB as being a private company not subject to EU rules on public procurement or concessions. |
