NovAzure’s Post

Securing Europe's Battery Future: France, Germany, and Sweden are urging the EU to strengthen its battery industry to reduce reliance on China, which controls 85% of global battery cell production. Leaders stress diversifying raw material sources, streamlining regulations, and increasing support for European projects to avoid a repeat of past energy dependencies. With the EU Commission prioritizing this effort, the goal is clear: ensure Europe's green transition is powered by local innovation and sustainable technology, not external dominance. This is a critical moment to build resilience and competitiveness in the energy sector. https://lnkd.in/d6Mm-8jq

France, Germany, Sweden urge EU battery sector push to avoid China reliance

France, Germany, Sweden urge EU battery sector push to avoid China reliance

reuters.com

Andrew Aldridge

Partner @ NovAzure | Clean Energy and Mobility

3w

The EU Net Zero Industries Act is aimed at providing this support, so it will be key to seeing this take action

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