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Vigorously develop the power battery industry!The EU encourages member states to

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2020/12/15 17:18:25

   Maros Sefcovic, vice-president of the European Commission, told the European Battery Conference online on Tuesday that the EU could produce enough batteries to power its fast-growing electric cars by 2025 without relying on imported batteries.

The European Union is working to achieve "power battery freedom".

   Maros Sefcovic, vice-president of the European Commission, told the European Battery Conference online on Tuesday that the EU could produce enough batteries to power its fast-growing electric cars by 2025 without relying on imported batteries.

   Mr Sevkovic said planned European plants would produce enough batteries to power at least 6m electric cars by 2025.

   For a long time, the lithium battery market is a "three-pillar" situation in China, Japan and South Korea.In the current market competition of lithium battery, the scale and market share of lithium battery companies in Europe are relatively small.

   The supply of lithium batteries is restricting the development of the new energy market in Europe.The European Association of Auto Parts Suppliers (CLEPA) has publicly stated that "European manufacturers pay $4,000 - $7,000 in battery costs to their suppliers for every electric car they make."

   To this end, the EU set up a coalition of local companies in 2017 with the goal of building 10 to 20 large battery factories. The EU expects the European automotive battery industry chain to reach an estimated 250 billion euros by 2025.

  There are currently 15 large battery plants under construction in Europe, including a plant in Germany by Ningde Times, the Chinese battery maker, and a second plant in Hungary by SK Innovation, a South Korean company.

  European battery makers are also stepping up their efforts to develop lithium-ion batteries.French battery manufacturer Verkor has announced plans to open a 16GWh lithium-ion battery plant in France in 2023 and expand the plant to 50GWh based on market developments.Construction of the plant will begin in 2022 and deliver the first battery products by 2023.

  The European Union also plans to allow member states to subsidize lithium-ion batteries.TerraE holdings of Frankfurt, for example, plans to build a superbattery factory larger than tesla, with maximum output expected to reach 34GWh, and the project has been funded by 5.2 million euros from German research.

  But the European Commission believes there is still a huge gap in the supply of batteries in Europe. The Commission expects 13 million low-emission cars on European roads by 2025, so further investment is needed.



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