ProLogium, a Taiwan-based manufacturer of solid-state battery for electric vehicles (EV), is working with consulting firm Accuracy to evaluate the feasibility of setting up ProLogium's first gigafactory in Europe, according to ProLogium.
France, Germany, UK, Poland, and the Netherlands are on the shortlist, the company said in a press release, and the final decision may be reached in the second quarter of 2023.
Besides Europe, the company is also looking for potential sites for its first gigafactory in the US. However, potential locations in the US are not disclosed.
ProLogium plans to invest a total of US$8 billion over the coming 10 years to build up production capacity to a combined 120GWh. It is currently looking for potential sites in Europe and the US for the first factory. The company said it might need to build multiple factories to reach its production capacity goal.
Solid-state batteries are highly anticipated by the automotive industry for their higher performance and higher safety for EVs. With solid electrolytes, the solid-state battery, despite the inflammable chemicals it may contain, is much less prone to catching fire when the battery temperature rises.
ProLogium previously disclosed that it has partnered with Mercedes-Benz and VinFast to supply EV batteries. It is now actively engaged with other carmakers in the US, Europe, and China.