Charging up in Europe

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With the EV revolution in full swing, Europe is rapidly advancing its lithium battery manufacturing capabilities. Local producers like Basquevolt, Inobat, and LG Energy Solution are spearheading efforts to meet EU regulations and ensure supply chain resilience against geopolitical tensions.

European carmakers are investing heavily to make their vehicles and operations emission-free in line with strict government legislation on carbon neutrality by 2050. However, they are lagging behind Chinese EV makers in the establishment of an end-to-end, battery electric vehicle (BEV) supply chain. Those Chinese carmakers are now targeting Europe with battery EV exports for consumers and fleet sales…

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