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In order to create one enormous battery, hundreds of individual cells are crammed into modules of pockets, which is the battery technology used in the majority of new electric vehicles currently on the market.
The largest ones are enormous, extending several meters long and weighing several hundred kilograms; for this reason, the majority are arranged in what is commonly referred to as a “skateboard” layout under the floor of a truck.
EV batteries are often quite large to deliver the energy needed to propel trucks weighing two tonnes and upwards. Kilowatt-hours (or kWh) are typically used to express a battery’s energy capacity and represent the amount of energy it can store for a given period of time. This is comparable to the size of a fuel tank in a car with a combustion engine.
The Italy Electric truck battery market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2022 to 2027.
A memorandum of understanding has been signed by the battery firm Italvolt for the construction of its Gigafactory in Scarmagno, Italy, which will have a 45 GWh capacity for producing battery cells.
Italy will become one of the biggest makers of batteries for electric vehicles in Europe thanks to the Gigafactory of Scarmagno and Romano Canavese, making Piedmont and Italy some of the most significant actors in the green industrialization and sustainable mobility.
Italvolt seeks to establish Italy’s position as a leading battery manufacturer while also becoming as one of Europe’s major manufacturers of green batteries.
It claims that the circular economy and the regrowth of natural resources would be its main areas of attention. In order to achieve the deadline for the execution of its industrial plan, the memorandum of understanding is a critical stage.