"Airbus for batteries"-style alliance announced this week in Brussels aims to expedite European battery cell manufacturing and strengthen continent's storage value chain in face of Asian and U.S. competition.The EU Commission's VP Maroš Šefcovic has this week launched a new battery alliance initiative that aims to nurture a continent-wide improvement of Europe's battery production landscape.
The initiative is being called an "Airbus for batteries" and was launched on October 11 with the assistance of the EU and a suite of largely German firms, including automakers Daimler, engineering company Siemens and chemical group BASF. French car giant Renault was also invited to the gathering, which aims to promote a consortium of invested players across Europe eager to improve the competitiveness of cell manufacturing.
"The lack of a domestic, European cell manufacturing base jeopardises the position of EU industrial customers because of the security of the supply chain, increased costs due to transportation, time delays, weaker quality control or limitations on the design", said Šefcovic. "So, we need to act fast - and collectively - to overcome this competitive disadvantage ...Den vollständigen Artikel lesen ...