Report: Europe could end reliance on Chinese li-ion battery cells by 2027

News
Electrification

Pledged investments can still be lost to America unless the EU ramps up incentives for the EV supply chain, the report by Transport & Environment adds

The EU can end its reliance on China for lithium-ion battery cells by 2027, renewable energy campaign group Transport & Environment (T&E) has forecast, according to a press release dated 24 January. New analysis of battery-makers’ announcements suggest that Europe is on track to produce enough li-ion cells by 2027 to fully meet domestic demand for electric vehicles and energy storage, the release added. However, the group cautioned that the EU needs a policy to counter US subsidies or risk losing investments in the EV supply chain.

Thank you for visiting Mobility Global AftermarketInsight.

To get access to the AftermarketInsight full suite of services, please contact us by clicking here.

Already a subscriber? Please log in here.

preload preload preload preload preload preload