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
The strategic alliances along the European battery value chain continues to expand. Last week, Stellantis announced a €50 million equity investment in Vulcan Energy, becoming the second largest shareholder in the lithium company. This investment will go towards Vulcan’s planned production expansion drilling in its producing Upper Rhine Valley Brine Field (URVBF) and will increase
Stellantis becomes shareholder in decarbonized lithium company Vulcan Energy Read More »
We are pleased to share another milestone for the European battery industry. Benchmark Mineral Intelligence has indeed just upgraded Northvolt to a Tier 1 supplier of batteries to the automotive market. We count currently only nine companies ranked Tier 1 worldwide, of which seven are active in Europe. The fact that Northvolt is the first
First homegrown European battery company to qualify as Tier One supplier Read More »
BASQUEVOLT, the Basque solid-state battery initiative, will begin production of battery cells in 2027 with the aim of reaching a capacity of 10GWh. This is one of the main objectives set out in the BASQUEVOLT’s articles of association, in which the Basque Government, Iberdrola, CIE Automotive, Enagás, EIT InnoEnergy, and CIC energiGUNE all feature as
As Europe is dependent on importing more than 80% of the necessary battery materials, building up a certain share of domestic production within the EU is critical. Not only this increases the security of supply, but it also creates opportunities to build up more integrated value chains with potentially lower domestic production costs and greater
The European Battery Alliance has been recognised as a blueprint for European industrial strategy. Now, EBA250 is calling for an upgrade to Europe’s battery chain ambitions. And it has a plan to deliver on them, as explained by Thore Sekkenes, EBA250 Programme Director at EIT InnoEnergy. Launched in 2017 under the auspices of European Commission
How the European Battery Alliance is driving decarbonisation in Europe Read More »
As reported by electrive.com last week, Northvolt will receive European funding for its manufacturing plant in Germany via the IPCEI (Important Projects of Common European Interest) mechanism. The IPCEI is a transnational project funded by state aid aiming at promoting strategic industrial areas in the EU, thus contributing to growth, employment and competitivess. The establishment
Germany grants IPCEI funding to Northvolt Read More »
On March 23 was held in Brussels the European Battery Alliance (EBA) High-Level Industrial Meeting organised and hosted by EBA250-EIT InnoEnergy. This meeting brought together key stakeholders along a battery value chain to take stock of the achievements of the EBA since its launch five years ago. The high-level representatives of the EBA confirmed their
Yesterday, the Commission and the U.S. Department of Energy (DOE) announced support for a collaboration between the European Battery Alliance and the U.S. Li-Bridge alliance to accelerate development of robust supply chains for lithium-ion and next generation batteries, including the critical raw materials segments. Bolstering the clean energy economy and strengthening the battery value chain