Daimler announced last week that they will become an equal shareholder in Automotive Cells Company (ACC), along with Stellantis and TotalEnergies. This is another confirmation that European companies are aligning in strategic alliances along the battery value chain and that the strategic plan for Europe outlined by the European Battery Alliance is delivering. ACC was […]
EBA250 welcomes you back after the summer break. While we hope you enjoyed some days off relaxing and charging your batteries, Europe continued its path towards electrification and building its own battery ecosystem. Here is a short selection of what has happened over the past few weeks with relevance to the European battery industry. Policy
Before logging off for the summer break, we would like to come back on some recent activities and progress that took place during the first half of 2021. 2021 opened with a new milestone for the European Battery Alliance (EBA). In January, the European Commission approved indeed a €2.9 billion state aid for a second
EBA250 Summer highlights Read More »
We are happy to relay that we hosted the 3rd Virtual Meetup of 2021 on July 13th, which focused on the role of charging infrastructure in accelerating electric heavy-duty vehicles. Bo Normark, from EIT InnoEnergy kickstarted the session by providing to all of our stakeholder the latest market outlook when it comes to Heavy Duty
The role of charging infrastructure in accelerating electric heavy-vehicles Read More »
The annual publication of BP Statistical Review of World Energy was released last week. Main news this year was the record decrease in oil consumption, decrease in fossil as well as nuclear electricity generation, and continued dramatic increase in renewable electricity, both production and new installations. The data reported, still does not contain any
BP Statistical Review of World Energy Read More »
South Korea plans to invest approx. €30 billion in its EV battery industry by 2030 to secure a strong position in the global battery race. These investments – both in R&D and battery production – will be led by key players like LG Energy Solution, SK Innovation or Samsung SDI, reported Bloomberg last week. South
South Korea to invest billions in battery industry Read More »
Speeding up battery recycling capacities is critical to meet the increasing volumes of waste batteries on the market, to secure Europe’s position as a leader in the circular economy and to build a strong position in such a volumetric industry. Europe counts indeed over two million EVs on its roads today, and this number is
New battery recycling initiatives in Europe Read More »
EIT InnoEnergy and France Minister of Labour, Employment and Integration have signed a Memorandum of Understanding to launch the EBA Academy to reskill and upskill tens of thousands of workers for the French battery industry. As one of the leading actors under the European Battery Alliance (EBA), France – with three gigafactories in the making
Co-led by EQT Ventures and Renault Group, the fundraise allows Verkor to break ground on an advanced R&D facility and pilot line for high-performance battery cells and intelligent manufacturing – a leap forward in its roadmap to 50 GWh battery production capacity by 2030. Less than a year after its launch, the French industrial company
Verkor raises €100m to develop high-performance sustainable battery cells in France Read More »
We are happy to communicate that Infinity Lithium, one of the projects included in the Business Investment Platform, has signed a Memorandum of Understanding (MoU) with the Korean Group LG for the negotiation of a binding off-take agreement of Lithium Hydroxide (LiOH) produced in their future extraction and refining platform in Cáceres, Spain. The contract
Infinity Lithium signs MoU with LG Energy Solution for lithium offtake Read More »