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Austria boosts EV and charge point subsidies

As emphasized recently in our post on EV charging infrastructure, the eagerness to reduce urban air pollution and green house gas emissions spurs political support for boosting electrification of transport and spreading charging infrastructure. The additonal incentive from the Austrian governement  is another example, increasing purchase premiums and subsidies for charging infrastructure for zero-emission and […]

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A new regulatory framework on batteries to reach Europe’s sustanibility goals

A new EBA250 meeting was held virtually on 1 July 2020 on the topic of sustainability legislation for batteries in Europe and its impact on the European battery industry. More than 300 stakeholders from across the entire battery value chain accepted EIT InnoEnergy’s  invitation to hear from representatives of European institutions and the industry. This

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Umicore secures EIB loan of €125M for battery components factory in Poland

The European Investment Bank (EIB) has signed a €125M loan with Umicore to finance the construction of a cathode material manufacturing facility in Poland. The cathode materials will be supplied to battery manufacturers of lithium-ion batteries for electric vehicles. This will also result in creating around 350 full-time jobs. The EU sees the transition to

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Accelerating battery recycling

Accessing secondary raw materials through recycling in a circular economy of batteries is a prerequisite not only to secure access to valuable raw materials but also building more resilient supply chains for batteries raw materials. With the number of electric cars on the rise, recycling of batteries from electric cars is picking up momentum. Used

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Can batteries power heavy duty vehicles?

Developments in European legislation, battery technology and charging times in connection with a European-wide charging infrastructure make electrified trucks (E-trucks) a realistic alternative for decarbonising the transport system. Electrification will be an important cornerstone in the sustainable, decarbonised transport system of the future. The European Green Deal, that was announced in December 2019 aims at

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