EnerSys and Verkor sign non-binding MOU to explore US lithium battery gigafactory

EnerSys

EnerSys (ENS) and Verkor SAS enter non-binding MOU to explore development of a lithium-ion gigafactory in the US.
Verkor operates a 150 MWh pilot line in Grenoble and a 16 GWh gigafactory in Dunkirk starting production in 2025.
EnerSys expects to fund the factory using IRA credits from current US battery production.
Partnership aims to provide EnerSys with domestic cell supply and custom cell sizing flexibility.
MOU covers site location, funding structures, and operating plans; no definitive agreement yet.

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