Tiamat, having introduced the world’s first sodium-ion battery to the market, is now set to revolutionize automotive and energy storage sectors through the industrialization of sodium-ion batteries. Their visionary plans include the establishment of a 5GWh gigafactory in Amiens by 2030, commencing construction in Q1 2024 for the initial 0.7 GWh unit. This ambitious project, backed by an investment exceeding €500 million, is anticipated to create over 1,200 jobs, contributing significantly to the region’s economic development.
The strategic partnership between LEAD and Tiamat is a crucial catalyst in advancing sodium-ion battery technology. LEAD’s expertise and collaborative approach will play a pivotal role in ensuring a swift and effective transition to large-scale production. This strategic collaboration not only enhances LEAD’s presence in France but also underscores the company’s commitment to global leadership in providing cutting-edge clean energy solutions.
Hervé Beuffe, CEO of TIAMAT, expressed his satisfaction, stating, "We are thrilled to embark on the industrial phase of this project, thanks to the continued support from our historical investors and new partners. This enables us to produce and market our technology locally, addressing sovereignty and material availability concerns associated with conventional energy storage technologies."
Nicolas Sebban, Deputy GM of LEAD France, shared his excitement about the alliance, stating, "We are delighted to announce this groundbreaking partnership with Tiamat. It underscores our commitment to advancing global clean energy solutions. Collaborating with Tiamat, we eagerly anticipate leading the sodium-ion battery revolution and contributing significantly to the sustainable future we envision.”
The partnership between LEAD and Tiamat is poised to revolutionize the clean energy landscape in Europe, propelling sodium-ion battery technology to unprecedented heights. With the commencement of the gigafactory construction and the inaugural units scheduled to roll out in Q4 2025, this collaboration is poised to make a lasting impact on the future of energy storage and electrification across the European continent.
About Tiamat:
Tiamat, founded in 2017 as a spin-off from CNRS (Centre national de la recherche scientifique) in Amiens, France, is a pioneering start-up specializing in the design, development, industrialization, and sale of sodium-ion batteries. The company boasts two generations of batteries, Gen1 tailored for power applications and Gen2 catering to medium energy density applications. Tiamat strategically addresses electrification needs across diverse sectors such as road, rail, marine, and air mobility, stationary applications, off-road requirements, and the power tool markets.
A distinguishing feature of Tiamat is its commitment to leveraging abundant materials, ensuring a sovereign and independent supply chain. This unique approach also contributes to price stability, setting Tiamat apart in the competitive battery market.
Established in 2002, Wuxi Lead Intelligent Equipment Co., Ltd. (LEAD) is one of the world’s largest suppliers of new energy manufacturing equipment. Specializing in the design, engineering, and construction of advanced manufacturing solutions, LEAD caters to major players in the automotive, renewable energy, and technology sectors worldwide. LEAD’s prowess extends across eight specialized manufacturing sectors, including lithium-ion EV batteries, EV module and pack equipment, solar PV panels, 3C equipment, hydrogen fuel cells, laser precision processing, connected factories, and smart logistics. This diverse portfolio underscores LEAD’s commitment to driving innovation in multiple high-growth industries. The company is publicly listed under stock code 300450 since 2015.
In pursuit of a comprehensive global expansion strategy, LEAD established a European Headquarters in Nuremberg, Germany, in 2021. This strategic move was complemented by the inauguration of the company’s inaugural European production plant in Naila in 2022, serving as the "Center of Competence." The LEAD Center of Competence not only functions as a manufacturing hub but also serves as a focal point for knowledge and innovation in Europe.
Reflecting its dedication to global outreach, LEAD has set up 16 subsidiaries and 50 service outlets across Europe, America, and Asia. The company’s worldwide footprint is further emphasized by its extensive production and research and development (R&D) facilities, spanning over 1,000,000 square meters. Within these state-of-the-art spaces, a cohesive team of over 21,000 employees collaborates to push the boundaries of innovation and develop cutting-edge solutions.
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