Leclanché and CINEA Sign €74.2 Million Grant Agreement to Support Sustainable Battery Production in Europe

Leclanché SA / Key word(s): Investment Leclanché and CINEA Sign €74.2 Million Grant Agreement to Support Sustainable Battery Production in Europe 10-Nov-2025 / 17:34 CET/CEST Release of an ad hoc announcement pursuant to Art. 53 LR The issuer is solely responsible for the content of this announcement.  Ad hoc announcement pursuant to Art. 53 LR

Leclanché and CINEA Sign €74.2 Million Grant Agreement to Support Sustainable Battery Production in Europe

 

YVERDON-LES-BAINS, Switzerland, 10 November 2025 – Leclanché SA, and the European Climate, Infrastructure and Environment Executive Agency (CINEA) have signed a €74.2 million grant agreement to support the industrial deployment of sustainable battery cell manufacturing technologies in Europe. The agreement follows Leclanché’s pre-selection in July 2025 to continue the grant preparation phase as one of six pioneering EV battery manufacturing projects awarded potential funding under the EU Innovation Fund.

Leclanché’s project, selected from 14 proposals submitted by eight countries, forms part of a wider €852 million EU investment supporting the scale-up of clean and competitive battery production across Europe and reducing reliance on imported technologies. The project will enable the expansion of Leclanché’s existing Willstätt production site to a 2 GWh capacity, allowing the Company to ramp up the output of lithium-ion cells produced with its proprietary water-based, PFAS-free manufacturing technology. The PFAS-free cell technology offers environmental benefits and is in alignment with the European Green Deal and the EU Battery Regulations targets to reduce the reliance on hazardous substances.

“The signature of the grant agreement marks a major step forward in supporting Leclanché’s growth plan. The grant award validates the strength and maturity of our low-carbon cell manufacturing technologies and reinforces our position as a key industrial player in Germany. We are proud to contribute to Europe’s long-term cell battery manufacturing capabilities with a sustainable and competitive production model.” said Pierre Blanc, Chief Executive Officer, Leclanché SA.