Europe: 17 Organizations United To Produce Li-Ion Batteries

Energy storage has emerged as a central building block of the EU’s objectives in low emission electric transport and replacing electricity generated by fossil fuels with renewables. The realisation that batteries are of such strategic importance has come as a wake-up call, with Europe finding itself lagging in commercialising research in the field, and for now, completely dependent on manufacturers outside the EU for battery supplies. Public and private funders in Europe that have put €555 million into developing new energy storage technologies since 2008 have little to show for it in terms of commercial outputs.

While a number of start-ups, such as France’s NAWA Technology are working on various approaches to increasing energy density and speeding up recharging of electric vehicle batteries, none are in production. As yet, Europe has no factories producing electric vehicle batteries, though LG Chem of South Korea is currently constructing a manufacturing plant in Poland, which is due to open later this year. Another Korean manufacturer, SK Innovation, whose major customer is Mercedes-Benz, has announced it will invest $777 million to build a battery plant with capacity of 7.5 GW/year in Hungary

A European company, Northvolt is planning to build a plant in Skelleftea, northern Sweden, with construction due to start in the second half of 2018. Meanwhile, Frankfurt-based TerraE announced earlier in January that it has formed a consortium of 17 companies and research institutions to handle the planning for two large-scale lithium-ion battery cell manufacturing facilities in Germany. TerraE will build and operate the factories, where customers can have batteries produced to their own specifications.

Source: https://sciencebusiness.net/