Arkema contributed several million euros in 2021 to the fundraising of French company Verkor, which plans to develop high‑performance, low‑carbon batteries. Through this investment, which falls under the technology partnership, the Group intends to contribute its expertise and materials solutions to a highly innovative project, which will strengthen the battery ecosystem in France and Europe. The French start‑up, which has brought together major players such as Renault Group, EIT InnoEnergy, Tokai COBEX and Schneider Electric at its Grenoble innovation center, has just announced the construction of a next‑generation gigafactory, which is expected to become operational in 2023, in France near Dunkirk. From 2025, this plant will produce 300,000 batteries, equivalent to 50 GWh. Verkor will use these to equip a million electric vehicles, including the famous Alpine built in Dieppe by Renault Nissan.