The EU wants to increase battery production to achieve self-sufficiency in electric vehicle batteries by 2025
Maros Sefcovic, vice president of the European Commission, said that by 2025, the EU will be able to produce enough batteries to power its rapidly growing electric vehicles, eliminating the need to rely on imported batteries.
As part of its plan to achieve "climate neutrality" by 2050, the EU hopes to increase local production of green industries, including hydrogen fuel for the manufacture of low-carbon steel, and power batteries for new energy vehicles.
Sefcovic said at the online "European Battery Conference", "I believe that by 2025, the EU will be able to produce enough batteries to meet the needs of the European automotive industry and even have export capacity."
Up to now, about 80% of the world's lithium-ion battery production is in China, but according to the European Union's plan, European lithium-ion battery production capacity will rapidly expand.
15 large battery factories are currently under construction in Europe, including the Swedish company Northvolt's factories in Sweden and Germany, the Chinese battery manufacturer CATL' factory in Germany, and the South Korean company SK Innovation's second factory in Hungary.
Sefcovic said that by 2025, the planned European battery factory will be able to produce enough batteries to provide batteries for at least 6 million electric vehicles.
According to the latest research by the environmental protection organization Transport & Environment, although the new crown virus pandemic has caused a significant decline in overall car sales, it is expected that the total sales of pure electric vehicles and plug-in hybrid vehicles in Europe this year will double to 1 million Vehicles.
The European Commission predicts that there will be 13 million low-emission cars running on European roads by 2025, so this requires further investment.
According to Jesper Wigardt, vice president of public relations at the Swedish battery manufacturer Northvolt, "In establishing a complete European supply chain and labor market, we need to make significant investments to support battery factories."
Sefcovic said that the European Union’s 750 billion euros (approximately US$890 billion) new crown virus epidemic recovery fund is a “ready tool” to promote battery production projects.
Publisher: NetEase Technology-Tianmen Mountain from: http://www.batterycloud.com.cn/newsDetail?infoId=261