The EU is an important role in the global automotive industry. With the transformation of automobile industry, especially the development of new energy automobile industry, European automobile enterprises generally hope to take the lead in this field.

Not long ago, German Volkswagen Group said that by 2030, 70% of its new cars sold in the EU will be pure electric models. Other European car companies are also accelerating the research and development of new electric vehicle products, striving to expand the market share of pure electric vehicles. This trend has led to a sharp increase in the demand for batteries by European car companies.

Compared with the booming development of electric vehicles, the European Union develops slowly in the core area of new energy vehicle industry battery technology and production. European car companies still rely mainly on imports for battery supply, and they have not formed a certain scale of battery capacity.

Recycling batteries is part of the EU development scheme

In 2017, the EU announced the establishment of the EV battery alliance, hoping to promote the further development of the new energy vehicle industry by establishing a certain scale of EV battery capacity in the EU.

Recently, European Commission Vice President Maros Sefcovic said at the EU battery summit that the EU will speed up the construction of electric vehicle battery production capacity, and strive to achieve the production capacity that can meet the demand of 7 million to 8 million electric vehicles per year by 2025. At that time, the EU will become the world’s second largest producer of electric vehicle batteries, following China.

In order to further support the battery industry, the European Union has approved up to 20 billion euros of funds, and more than 60 enterprises from 12 member states will participate in it under the leadership of Germany and France. Among them, Germany alone has invested 13 billion euros in this field. According to the plan, by 2030, EU electric vehicle battery capacity will account for 30% of the global battery market share.

According to the data, the sales volume of electric vehicles in Europe will rise to 10.5% of the total sales volume in 2020, compared with only 3% in 2019. The soaring data show that the EU has made great progress in popularizing electric vehicles. At the same time, the construction of supporting infrastructure, especially the charging pile, has also made positive progress, which is expected to achieve the goal of one public charging pile for every 10 electric vehicles. Recently, German transport minister Scheuer said that the German government will invest another 300 million euros in the construction of new charging piles.

With the expansion of EU battery production capacity, the problem of raw material supply will be further highlighted. In order to solve this problem, the EU needs to fully tap the supply potential of local raw materials and reduce its dependence on third country raw materials; At the same time, optimize the supply chain system of raw materials, improve the diversification level of raw materials import.

Market analysis shows that in the next 10 years, Europe will experience a wave of electric vehicle battery industry development boom.

At present, the European automobile industry is facing great pressure of accelerating transformation. Not long ago, the European Union adjusted its emission reduction targets and further improved its vehicle emission standards, which means that major automobile enterprises will have to pay more research and development and production costs. Analysts believe that this will force the automotive industry to continue to accelerate the transition process from fuel vehicles to new energy vehicles. In view of this, the EU urgently needs to solve the contradiction between the increase of electric vehicle production and the long-term dependence on the United States and Asia for battery supply, grasp the initiative of electric vehicle battery production, and reduce the dependence on third-party supply.


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