Global Organization
Freyr, for example, will receive 100 million euros from the EU to build its Giga Arctic battery cell factory in Norway. Vianode’s planned factory for graphite-based anode materials, which the EU will subsidise with 90 million euros, will also be located in Norway. Both companies name the subsidy amounts in their press releases.
Europe’s industry risks “competing in the lower divisions,” said Martin Winter, who heads a battery research center at Germany’s University of Münster. “We’ll get the same dependencies with batteries as we already have with oil and gas.” --With assistance from Albertina Torsoli and Rafaela Lindeberg.
Eleven out of 16 planned European-led battery factories have been delayed or canceled, according to a Bloomberg News analysis. Meanwhile, 10 of 13 projects in the region by Asian manufacturers such as China’s Contemporary Amperex Technology Co. and South Korea’s Samsung SDI are on track.
The European Commission is funding 41 clean-tech projects with more than 3.6 billion euros – including several battery projects. According to the list of selected projects, BASF is planning a battery recycling plant in Tarragona, Spain, which has yet to be officially announced.
Europe is missing out partly because its automakers were slow to shift toward battery technology. VW, BMW and Mercedes were still betting on gasoline and diesel engines when BYD — which started out making batteries for cellphones — introduced its first electric car in 2008.
“The failure to establish domestic battery manufacturing capabilities threatens the very existence of the automotive industry in Europe,” said Andy Palmer, former chief executive officer of Aston Martin Global Lagonda Holdings Plc.
The total investment of this project is about 2.5 billion yuan, covering an area of 100 mu, and it is planned to be put into production in 2022. After reaching production, the …
The European Commission''s competition authority on Monday approved plans to funnel billions of euros of public cash into a multicountry battery project — part of an effort …
With a total investment of about 15.2 billion yuan, the project plans to build an annual 36GWh lithium-ion battery project, which will start construction in the first quarter of …
[3.08 billion yuan! In April, Sichuan Development and Reform Commission approved three energy-saving plans for the production and processing of power battery …
In a €1.2 billion auction aimed at spurring the production of hydrogen, the winning projects will have to limit the sourcing of electrolyzer stacks from China to not more …
The European Commission''s competition authority on Monday approved plans to funnel billions of euros of public cash into a multicountry battery project — part of an effort to set up an industry that can compete with …
With a total investment of 10 billion yuan (about 1.46 billion U.S. dollars), the project will cover an area of 374,000 square meters in the Tiexi District of the city, featuring the …
On February 8th, Warner New Energy''s sodium-ion battery project was signed and settled in Lanshan District, Linyi City, Shandong Province, with a total investment of 3 …
The European Commission is throwing a lifeline to its emerging EV battery sector with a hefty boost of €1 billion ($1,05b). But companies relying on Chinese materials …
The European Union (EU) has earmarked an additional one billion euros (about RM4.7 billion) in grants for electric vehicle (EV) battery cell manufacturing, Bloomberg reports. …
The total investment of the project is planned to be 8 billion yuan, used to build a production base for 20GWh power battery and energy storage batteries. Sunwoda EVB also …
The European Commission is funding 41 clean-tech projects with more than 3.6 billion euros – including several battery projects. According to the list of selected projects, …
The European Commission''s new Battery Fund is a critical first step to catch up by bridging the finance gap to scale up production of EU batteries, their components and the …
The Commission has approved, under EU State aid rules, a second Important Project of Common European Interest ("IPCEI") to support research and innovation in the battery value chain. The …
On November 5, China Energy Engineering Corporation Limited announced a total investment of 13 billion yuan in the new square aluminum shell lithium iron phosphate …
The EU-funded STREAMS project aims to showcase, develop, and validate 12 scalable and adaptable technologies focused on the sustainable production of battery-grade precursors and …
The EU Council has given the green light to the EU Commission''s proposal to postpone electric car tariffs between the UK and the EU by three years, giving "manufacturers …
On May 22, Chinese battery suppliers Great Power and Zhuhai CosMX Battery announced their new battery manufacturing projects that are worth billions of yuan in …
2 · The lithium battery, PV product and EV industries have received at least 25.2 billion euros from EU funding programs and 40.3 billion euros from state aid initiatives by member …
6 · Stellantis and CATL on Tuesday announced plans to invest as much as €4.1 billion ($4.3 billion) to build a battery factory in Zaragoza, Spain. ... and are lobbying the EU to …
The total investment is 69.2 billion yuan! The whole industry chain project of super-large lithium ion energy storage is coming! March 18 is a day worth remembering in the history of attracting …