The Europan Battery Alliance – a role model for creating strategic industrial value chains
Only a few years ago, Europe was basically non present in the battery value chain. Today, Europe has made dramatic progress in establishing a credible battery value chain following the launch of the European Battery Alliance in October 2017, as we have been regularly reporting on this website.
The model created by the European Battery Alliance has been recognised by others as a solid way to create an industrial ecosystem. As an example, when the new US administration came in office, it was immediately recognised that US has been falling behind not only China but also Europe. The European Battery Alliance was indeed highlighted as a possible model to follow as per this article in the Washington Post. “The European Union is also closely involved in supporting its battery sector, having established a European Battery Alliance in 2017 that set sweeping goals for manufacturing, charging infrastructure and electric-car uptake. Germany is requiring all gas stations to offer electric-car charging. And last month, the European Commission said it would spend $3.5 billion to subsidize Tesla, BMW and other companies to produce more batteries in Europe and help cut imports from China.”
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