15 Sep 2020

Leclanché - Delay to formation of cell manufacturing JV

- Anne Margaret Crow

Leclanché is not proceeding with the agreements with Eneris announced in June to create two JVs: one manufacturing battery cells, the other assembling battery modules. Instead it is in discussions with key customers as well as Eneris to form a JV manufacturing up to 2.4GWh of battery cells annually. Our estimates remain under review until there is greater visibility regarding this JV.

Sign up for free to access

Get access to the latest equity research in real-time from 12 commissioned providers.

Leclanché - Delay to formation of cell manufacturing JV

Leclanche SA (LECN:SWX) | 0 0 0.0%

Published: 15 Sep 2020
Author: Anne Margaret Crow
Pages:

Leclanché is not proceeding with the agreements with Eneris announced in June to create two JVs: one manufacturing battery cells, the other assembling battery modules. Instead it is in discussions with key customers as well as Eneris to form a JV manufacturing up to 2.4GWh of battery cells annually. Our estimates remain under review until there is greater visibility regarding this JV.