"Tokai COBEX to join Verkor in France"

07.07.2021

July
07
2021

We are proud to announce that we will participate in the Renault group’s strategic “Renaulution” by joining forces with Verkor. As of yesterday, we will accompany the journey to develop in France for Europe high performance batteries to enable the e-mobility transformation. We will contribute with our wide-ranging expertise in high performance graphite to manufacture the lowest CO2 and greenest batteries. Verkor aims to market an entirely new approach to high performance battery manufacturing that is driven by resource efficiency, recycling and enhanced environmental performance. We are honoured to be part of this innovative project which will help Europe to realize its Green Deal targets.

Frank Goede Managing Director of Tokai COBEX said: “This is a very important milestone for Tokai COBEX in our group strategy to become a major and reliable supplier of graphite made in France for the production of battery cells in Europe. The decision to transform our French operations in our global hub of production of graphite for battery cells was made. By joining forces with Verkor, we’re bringing together the experience of Tokai Carbon in the production and commercial supply of battery anode materials since 2006, the advantage of producing highly competitive graphite in France with a CO2 footprint amongst the lowest in the world and the know-how and highly innovative approach of Verkor.”

At a signing ceremony in Paris today, Verkor’s CEO Benoit Lemaignan said: “We are honoured to have shareholders of such a high quality on board with us. I want to thank our team for what we have achieved together in less than a year of existence. Our new shareholding structure totally reflects our ambition: an end-to-end approach to battery manufacturing, each of us focusing on what we do best, while cross-fertilising our expertise.”

Entire Tokai COBEX and its parent company Tokai Carbon are very excited to be part of this journey and to provide their share for a better and greener future.

Verkor’s press release:
https://www.verkor.com/en/news/

About Verkor:

Founded in July 2020, Verkor is a French industrial company based in Grenoble. With the backing of EIT InnoEnergy, Groupe IDEC, Schneider Electric, and Capgemini, Verkor will ramp up low-carbon battery manufacturing in France and Europe to meet the growing demand for electric vehicles — and electric mobility as a whole — and stationary storage in Europe. Verkor is developing an enticing business model based on agility, sustainability and governance that is attracting the best talents from around the world. Its strong and agile team continues to grow as new challenges arise. Verkor is leading a unifying project that brings together the best partners for establishing the entire value chain in Europe and ensuring the optimal use of skills and resources. Verkor will draw on these strengths to open its entirely digital 4.0 pilot line in 2022. A model of excellence, competitiveness and resource efficiency, this innovation will be integrated into the Gigafactory due for completion in 2024.

More information at:  https://www.verkor.com/en/

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