Europe braces itself for a battery arms race
Demand for electric vehicle batteries in Europe is accelerating thanks to a mix of new regulations and promising business cases, which has sparked a homegrown industry that aims to take on the world. But the policies will need to be strong enough to fend off the vagaries of geopolitics
EU lawmakers are reacting to events elsewhere to strengthen the domestic battery sector
EYES ON THE PRIZE Europe wants to secure its share of a battery sector expected to be worth $250 billion annually by 2030
PROTECTIONIST TENDENCIES The United States’ recent policy package is the latest in a line of increasingly protectionist moves from major economies linked to the energy transition
KEY QUOTE National targets and carmaker strategies may differ in timeline and scope but all require one thing in common: batteries ...
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