On December 8, the European Battery Alliance (EBA) held in Brussels a High-Level Industrial Meeting to discuss with European Commission Vice-President Šefčovič how to best address the impact of the US Inflation Reduction Act on the European battery ecosystem. Organised and hosted by EBA250-EIT InnoEnergy, the meeting gathered top executives of the industrial European champions […]
Setting a future-proof regulatory framework for sustainable batteries has been among the key priorities under the European Battery Alliance. We welcome the provisional political agreement reached between the European Parliament and the Council on Friday aiming to make all batteries placed on the EU market more sustainable, circular and safe. The new Regulation will replace
New EU Regulation on sustainable and circular batteries Read More »
The energy transition requires a massive deployment of batteries for energy storage solutions – allowing the increase of renewables in the electricity mix – and also for electric mobility. For electric vehicles (EVs) alone, globally there are a total of 16.5 million on the road and nearly 10% of global car sales last year were
The sustainable future of batteries in Europe rests on a developed recycling industry Read More »
Romania’s Prime Batteries Technology that produces lithium-ion batteries and tailor-made battery systems for the automotive, smart grids, and industrial sectors has signed an investment agreement with EIT InnoEnergy with the aim to scale up its annual production output to 8 GWh. Beyond supporting the increased production ambitions, the investment formalises EIT InnoEnergy as a shareholder
Verkor has received the support of the European Investment Bank, securing the financing of its technological and innovation centre in Grenoble, France which is coming to completion the first half of 2023. This latest mechanism mobilises Verkor’s solid financial ecosystem of industrial partners in the battery sector, commercial banks, investment funds, and public banks. The
On Wednesday, the US government announced that it will award grants from the Bipartisan Infrastructure Law worth a total of US$2.8 billion to 20 manufacturing and processing companies in order to support and develop the domestic manufacturing of batteries for electric vehicles (EVs) and the electric grid. The funding for the selected projects will support:
Battery materials making headlines in the US and in Europe Read More »
Leading the EBA250 initiative, EIT InnoEnergy joins the CIRPASS consortium, brining together a core network of leading organisations in building the European vision for a unified Digital Product Passport (DPP) approach across multiple value chains. Funded by the European Commission under the Digital Europe Programme, CIRPASS aims to prepare the ground for the gradual piloting
The Serbian company ElevenEs has completed a 2-year development programme and produced a prototype of the largest battery cell in Europe. Customer deliveries are set to start in the first quarter of 2023. As per a press release published today, the first and largest full-size LFP (Lithium Iron Phosphate) battery cell in Europe was developed
ElevenEs produces a prototype of the largest LFP battery cell in Europe Read More »
Europe can proudly and accurately call itself a climate leader in a number of spheres. The Fit for 55 package is the latest boost to Europe’s green ambitions, confirmed regarding the transport sector by a positive vote of the EU Council in the June for increased CO2 reduction targets for new cars and new vans
A domestic raw material supply chain is essential for Europe’s battery ambition Read More »
After the launch of several battery strategies at national level, (Sweden in Dec 2020; Finland in Jan 2021; Hungary in Sept 2021), it is now Norway’s turn to release its national ambitions related to batteries. The Norwegian Battery Strategy was launched yesterday with the aim to develop a coherent and profitable battery value chain, from