This week, EIT InnoEnergy announced its support of Euro Manganese’s Czech-based Chvaletice Manganese Project, helping fulfil ambitions to create a competitive and sustainable battery cell manufacturing value chain in Europe. In addition to an initial investment of €250k, EIT InnoEnergy will help Euro Manganese secure financing for full-scale commercial development up to €362m for the […]
Yesterday, Volkswagen presented their technology roadmap for the battery and charging sectors up to 2030 at its Power Day, an event that clearly found its inspiration from the Tesla “Battery Days” last December. The event was however not a mere copy but a presentation of concrete plans of the that will have an enormous effect
E-Mobility has won the race: Reflections on VW’s Power Day Read More »
2020 was a remarkable year in many ways. Despite the pandemic and an overall declining automotive market, electric vehicles (EVs) market shares increased from 3.0% in 2019 to 10.5% in 2020 measured on an annual base. In Q4 EVs sales even reached 16% of all car sales. As a result, Europe overtook China’s position as
New EV targets for the European car industry fuel the battery industry Read More »
Today marks the 5th ministerial meeting of the European Battery Alliance. As a follow up of the high-level meeting with industrial key stakeholders representing all segments of battery the battery value chain, the Commission hosted today a ministerial meeting, chaired Commission Vice-President Maroš Šefčovič. The meeting was attended by Commissioners Thierry Breton, Nicolas Schmitt and
5th High-Level Ministerial Meeting of the European Battery Alliance Read More »
We are proud to relay that on Tuesday was held a high-level meeting with EBA250 industry representatives to discuss the role the European Battery Alliance (EBA) in addressing the remaining major obstacles to developing a competitive, sustainable and resilient battery value chain in Europe. Organised and hosted by EIT InnoEnergy, the meeting was chaired by
High-level meeting with industrial actors under the European Battery Value Chain Read More »
The new Biden administration has in one of the first Executive Orders “identified the importance of mitigating risks in the supply chain for large capacity batteries”. This underlines the importance of the strategy applied from the European Battery Alliance from day one to address the entire value chain for batteries. The ongoing pandemic has only
We are very pleased to relay the news from Euro Manganese on the Chvaletice project in Czech Republic. Euro Manganese and its wholly owned Czech Republic subsidiary, Mangan Chvaletice, have secured the support of EIT InnoEnergy to assist with strategic financing and offtake agreements. The project relates to the extraction of manganese out of already
EIT InnoEnergy to support Chvaletice Manganese project Read More »
Swedish lithium-ion battery manufacturer Northvolt announced today its plan to establish Europe’s largest factory for energy storage solutions in Poland. This is yet another confirmation of the significance of the stationary battery storage market. Northvolt will invest $200 million to build this new energy storage systems factory in Gdansk, Poland. The production is scheduled to
Northvolt plans to build Europe’s largest energy storage systems plant in Poland Read More »
Last week, the Spanish government approved the energy storage strategy, targeting some 20 GW of storage capacity in 2030 and reaching 30 GW by 2050 from today’s 8.3 GW. In this storage strategy, Spain quantified its storage needs in line with its decarbonisation targets established in the national energy and climate plan (NECP), which sets
Batteries part of the recently approved Spanish Energy Storage Strategy Read More »
Major Spanish industrial companies announced yesterday the creation of the Battchain consortium formed to respond to increasing demand for batteries. Battchain aims to accelerate Europe’s green economic recovery by expanding Spain’s battery value chain across raw materials extracting through battery recycling. The consortium will seek investment of €1.2 billion to deploy its industrial projects mainly
Spanish battery consortium unveiled to accelerate green economic recovery Read More »