EUROPE TO BOOST BATTERY PRODUCTION AS ELECTRIC SHIFT ACCELERATES

22

As electric car sales take off and petrol engines face being phased out by 2035, Europe is looking to develop its own battery production base.

Far from being autonomous, Europe needs to accelerate domestic battery output as a national security issue as well as a boost for businesses and jobs.

Batteries that power electric cars and which weigh up to 600 kilograms (1,300 pounds), represent a considerable part of the vehicle’s value.