02 May 2019

EU aims to become powerhouse of battery production and recycling

The EU plans to invest billions of euros developing a “green label”, sustainable electric vehicle battery industry in a bid to challenge Asia’s market dominance.

The EU battery market could be worth up to €250 billion ($282 billion) in 2025, with global demand for electric vehicles forecast to reach up to 900 million by 2040, the European Commission said in an update to its 2018 strategic action plan on batteries in April…

Read more

Subscribe To Our Newsletter

Keep up to date on Cobalt.

You have Successfully Subscribed!