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Leclanche SA ( (CH:LECN) ) has issued an announcement.
Leclanché has been selected to receive a grant from the EU Innovation Fund as part of an 852 million euro investment in six innovative projects for electric vehicle battery production across Europe. The company’s project, which involves expanding its plant in Willstätt, Germany, to scale water-based and PFAS-free cell production, was recognized for its high quality and technological maturity. This selection underscores Leclanché’s strategic importance in advancing sustainable manufacturing processes and supports Europe’s transition to a clean and competitive industrial base.
The most recent analyst rating on (CH:LECN) stock is a Sell with a CHF0.28 price target. To see the full list of analyst forecasts on Leclanche SA stock, see the CH:LECN Stock Forecast page.
More about Leclanche SA
Leclanché is a leading provider of low-carbon energy storage solutions utilizing lithium-ion cell technology. Founded in 1909 in Yverdon-les-Bains, Switzerland, the company is known for its innovation in batteries and energy storage. It operates in three business units: energy storage solutions, e-mobility solutions, and special battery systems, employing over 350 people across eight countries. Leclanché is listed on the Swiss stock exchange.
YTD Price Performance: 1.47%
Average Trading Volume: 51,579
Current Market Cap: CHF212.3M
For an in-depth examination of LECN stock, go to TipRanks’ Overview page.