EV battery startup Italvolt moves closer to setting up 45 GWh Gigafactory in Italy
Italvolt has signed an agreement to purchase 1-million-square-meters of land
Moving a step closer to its plan of building one of the largest gigafactories in Europe, electric vehicle (EV) battery startup Italvolt Spa has signed an agreement with Prelios Sgr, manager of Fondo Monteverdi, for the purchase of an area of 1-million-square-meters in Piedmont, the company said in a press release on 10 September.
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