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

Archived version

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.

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.

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)