BASQUEVOLT, the Basque solid-state battery initiative, will begin production of battery cells in 2027. It aims to reach a capacity of 10GWh. This is one of the main objectives set out in the BASQUEVOLT’s articles of association. In the association, the Basque Government, Iberdrola, CIE Automotive, Enagás, EIT InnoEnergy, and CIC energiGUNE are founding shareholders.

After two years of intense and highly confidential work, BASQUEVOLT will make the Basque Country a European benchmark in the development of solid-state batteries. Thanks to the experience of the companies, BASQUEVOLT is in a highly competitive position in the battery race. There are important opportunities for collaboration and it will be a key to make a progress in the energy transition.  In this sense, BASQUEVOLT plans to launch the first production line within 4 years. The facility will be supported by an investment of more than 700 million euros. In addition, a new factory will be able to generate more than 800 direct jobs.

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