A gigafactory for sodium-ion batteries will be built in France
A factory in Amiens, France, will be constructed to produce sodium-ion batteries, with an annual capacity of 5 GWh. This collaboration stems from an agreement between two prominent companies in the energy storage industry, Lead Intelligent Equipment and Tiamat Forge.
When will construction start?
The construction of the initial production line, boasting a 0.7 GWh capacity, is set to commence in the first quarter of this year. The first batteries are expected to roll out of the plant in the fourth quarter of 2025, with the entire 5 GWh facility slated for completion in 2030.
This Amiens-based factory represents an investment exceeding EUR 500 million and is anticipated to generate over 1,200 jobs, significantly impacting the economic development of the region.
Hervé Beuffe, the CEO of Tiamat, highlighted that the project’s primary goal is to address challenges related to the availability of materials used in the most popular energy storage technologies.
Development of Tiamat
At the start of this year, the startup Tiamat revealed its acquisition of EUR 22 million, earmarked for advancing and bringing to market energy storage technologies beyond lithium. Noteworthy participants in the funding round comprise Stellantis (an automotive giant), Arkema (a global leader in materials science), and MBDA (a key player in the defense industry).
Established in 2017, Tiamat originated as a spin-off from the French Center National de la Recherche Scientifique (CNRS).
Source: leadintelligent.com