ProLogium, a Taiwanese electric vehicle battery manufacturer, has announced its plans to begin mass production at its new factory in France in 2027. The company is also considering an initial public offering as part of its expansion strategy. ProLogium’s CEO, Vincent Yang, expressed confidence in the success of the project, stating that production should commence on schedule if everything goes smoothly. He also praised the dedication of the team in Dunkirk, where the factory is located.
The decision to establish a battery factory in Dunkirk follows French President Emmanuel Macron’s announcement of a 5.2 billion euro investment by ProLogium. This investment will contribute to the creation of a specialized cluster in the region dedicated to Europe’s electric car industry. The new factory will serve as a model for the French facility, providing valuable insights and learnings for the upcoming mass production phase.
Apart from its collaboration with Mercedes-Benz, ProLogium is actively working on the development of solid-state batteries. This partnership with the leading German automaker aligns with Mercedes-Benz’s goal to make all of its vehicles all-electric by 2030 and compete with Tesla Inc., a frontrunner in the electric vehicle market.
Despite the absence of diplomatic ties between Taiwan and France due to China’s claims, Europe has been actively seeking investments from Taiwanese companies, particularly in the tech sector. ProLogium’s investment in France is a testament to the country’s attractive business environment and its efforts to attract more Taiwanese companies. Franck Paris, the de facto French ambassador in Taiwan, emphasized that the decision to choose France was based on practical reasons rather than romantic notions.
As ProLogium prepares for mass production in France, its expansion reflects the growing momentum in the electric vehicle industry. With the collaborative efforts of stakeholders worldwide, the vision of sustainable mobility is inching closer to becoming a reality.
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The source of the article is from the blog regiozottegem.be