Wuxi Lead, Tiamat plan €500m French sodium ion gigafactory

Wuxi Lead, Tiamat plan €500m French sodium ion gigafactory

Wuxi Lead, Tiamat plan €500m French sodium ion gigafactory 1024 960 Energy Storage Journal

February 8, 2024: Proposals for a 5GWh sodium ion battery manufacturing plant in France have been unveiled by Wuxi Lead Intelligent Equipment and Tiamat.

The companies said on February 1 they had formed an alliance for the project in Amiens, backed by investment in excess of  €500 million ($538 million), with construction starting for an initial 0.7GWh line in the first quarter of this year.

Batteries will initially start rolling out of the plant in the fourth quarter of 2025, with completion of the entire 5GWh facility scheduled for 2030.

Tiamat CEO Hervé Beuffe, whose company is a spin-off from the French research institute CNRS, said existing and new investment partners were supporting the project, which would tackle “sovereignty and material availability concerns associated with conventional energy storage technologies”.

Shanghai-based Wuxi Lead, launched in 1999, focuses on producing equipment for several industrial sectors including lithium ion batteries.

Photo: Wuxi Lead chairman Yanqing Wang  (left) and Hervé Beuffe