State subsidies and industry backing pull in foreign investment as country creates ‘Battery Valley’
Forty miles from the coast of Britain, where the government was again told this week that without urgent action it risks losing the electric vehicle race, “Battery Valley” is taking shape in northern France.
Emmanuel Macron’s announcement last week that the Taiwanese battery maker ProLogium had chosen Dunkirk for its first foreign facility brings to four the number of gigafactories planned in a corridor stretching about 60 miles inland from the port.
More Stories
Xi Jinping tells Alibaba’s Jack Ma and Chinese tech chiefs to ‘show their talent’
Willingness to ease off ‘debt brake’ may decide the German election
‘We’re clearly heading towards collapse’: why the Murdoch empire is about to go bang