In charge:
Can Europe become a battery power in the electric age?
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The report, based on a survey of 200 senior battery industry executives from across the continent, looks at the confidence in the industry to meet future supply challenges, it looks at what European businesses are doing in terms of reshoring and nearshoring, it looks at how European companies can compete against China through sustainability principles, and it looks at pricing and funding challenges for European manufacturers.
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Can Europe’s battery makers respond to demand?
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Bringing the supply chain home
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Bringing the supply chain home
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The battery evolution
Europe’s batteries: not cheaper – but better?
Almost 80% of the world’s lithium-ion battery cells are made in China.
Unable to beat China on volume any time soon, European manufacturers are focusing their efforts on making batteries that are ultra-high-performance and sustainable. At the heart of this effort lies innovation, in which respondents expressed high confidence: 65% are confident in their R&D efforts, 63% are confident in innovative product design, and 56% are confident in their ability to scale up innovation.
Europe's battery industry is confident it can compete.
How confident are you in your company’s ability to compete in the following categories? (Extremely/very confident)
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