cross-posted from: https://scribe.disroot.org/post/4735415

Archived version

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The country is pushing lithium extraction and refining, active cathode materials and recycling plants, aiming to close the loop and reduce reliance on imported inputs.

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The bet combines competitively priced, low-carbon electricity, public support (subsidies, credit lines and streamlined permitting), European financing and a critical mass of industry that lowers transaction costs across the chain.

The co-location of gigafactories, active material suppliers, R&D centres and recyclers creates network effects and accelerates manufacturing learning curves.

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As an addition:

Back in July, the EU announced to invests €852 million in six innovative electric vehicle battery projects

  • ACCEPT Automotive Cells Company European Production Take-off, located in France (Automotive Cells Company ACC)
  • AGATHE – Advanced Gigafactory Aiming at Tempering greenhouse gases Emissions, located in France (Verkor)
  • CF3_at_Scale – Scaling of innovative manufacturing processes for high-performance cells, located in Germany (Cellforce Group)
  • NOVO One – NOVO One Gigafactory, located in Sweden (NOVO Energy)
  • WGF2G – Willstatt GigaFactory 2 GWh, located in Germany (Leclanche)
  • 46inEU – Powering the Future - 46 Cylinders, Infinite Possibilities in Europe, located in Poland (LG Energy Solution)