Lack of EU-made batteries could delay end of fossil fuel cars: Report

(EurActiv, 19 Jun 2023) The EU is at risk of long-term dependence on outside nations for batteries, slowing the switch to zero-emission vehicles and extinguishing the bloc’s ambition to become a global battery powerhouse, a new European Court of Auditors report has found.

Despite efforts to galvanise the bloc’s fledgling battery industry, the EU remains far behind global competitors, with both the US and China ahead in the battery race. Currently, China accounts for 76% of battery production capacity globally.

The EU faces a number of barriers to its battery industry taking off, including a lack of access to critical raw materials, rising energy costs, and fierce global competition, said the report, published on Monday (19 June).

Auditors decided to look into Europe’s battery ambitions following the passage of legislation effectively banning the sale of new petrol and diesel cars across the bloc from 2035, which will see car manufacturers switch primarily to producing electric models.

The dearth of made-in-Europe batteries means that the continent’s automotive industry may struggle to find domestically-produced batteries to meet the rising demand for electric vehicles, according to the auditors.

“If you bet so heavily on electric cars and you know that you have a lack of raw materials under the ground, it means that you either will end up not meeting the 2035 goal or being dependent on third countries,” Annemie Turtelboom, the ECA member who led the audit, told journalists.

External link

EurActiv, 19 Jun 2023: Lack of EU-made batteries could delay end of fossil fuel cars: Report