France and Norway Strengthen European Industrial Sovereignty with Critical Metals Agreement

On March 24, 2026, France and Norway signed a memorandum of understanding at the Automotive Cells Company gigafactory to enhance European industrial sovereignty and accelerate ecological transition. The partnership aims to develop a European carbon capture and storage industry, boost offshore wind energy, and foster joint industrial projects in digital and space technologies. The French initiative 'France Batterie' was also announced to coordinate the battery sector and secure critical supply chains, seeking €1.5 billion in loans to bolster production capabilities.

Published Mar 25, 2026

France and Norway signed a memorandum on March 24, 2026, at the Automotive Cells Company gigafactory in Billy-Berclau to enhance European industrial sovereignty and ecological transition. The partnership includes developing a European carbon capture and storage industry, promoting offshore wind, and fostering digital and space technology projects.

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The 'France Batterie' initiative was created to coordinate the battery sector, aiming for €1.5 billion in loans to support industrialization. Additionally, a strategic protocol was signed with Norway to secure access to critical metals like lithium, nickel, and cobalt, essential for battery production.