Elinor Batteries is a Norwegian company that is developing a giga-scale battery factory near Trondheim, Norway. The first production of sustainable batteries from Elinor, based on renewable energy, is set to commence in 2026. Elinor Batteries’ products will be based on LFP technology and will not depend on nickel and cobalt. The gigafactory will be developed in modules to limit financial and technological risks. The first module can start production as early as 2026, with estimated investments of about EUR 1 billion.
Founded date: 2022