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Europe

EU “strengthens strategy” with European battery gigafactories

thedailyposting.comBy thedailyposting.comMarch 12, 2024No Comments

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Several keynote speakers acknowledged the scale of the challenge facing Europe (and the world) in scaling up battery manufacturing, primarily lithium-ion (Li-ion) technology, but noted that there is still a growing challenge for Europe to catch up. There is still optimism that it can be done. Charlotte Lejon from the Swedish Energy Agency has made it clear that the company will be a major player in the Gigafactory.

Most of the manufacturing capacity will be directed to the electric vehicle (EV) sector, but some will also be allocated to the energy storage sector.

Mr Šefčović said via video link that the EU was “intensifying its European efforts” in helping the sector scale up, and had recently announced state aid under the “Temporary Crisis and Transition Framework”. It said it would adjust its policies and “provide additional support for projects such as:” Comparable to assistance provided by third countries. ”

Drei Germany gigafactory Northvolt became the first recipient under the revised policy, receiving a package of approximately 1 billion euros in January 2024.

Northvolt's first gigafactory, Northvolt Et, located in northern Sweden
Northvolt’s first gigafactory, Northvolt Et (northern Sweden). In addition to his six gigafactory projects, the company has projects in ESS assembly, battery recycling, research and development, and joint ventures. Image: Northvolt.

Dennis Van See, Northvolt’s Chief Supply Chain Officer, answered questions. Energy storage.NewsHe talked about the company’s approach and challenges to scaling up.

“Despite the delays, our customers support us and we continue to move forward. We shipped thousands of cells by the end of last year and expect to have tens of thousands of cells by the end of 2024.” It took 10 to 20 years for the auto industry to take off. We are very confident in our revenue growth, and yields and many other indicators are improving all the time,” said Van See. he said.

Energy storage.News In the coming days and weeks, we will be publishing further content for the event, including Northvolt and its plans.

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