Growing pains for battery manufacturing in Europe
Chinese investment plays no small role in efforts to establish a European battery manufacturing ecosystem but as Europe’s gigafactory pipeline expands, so does the number of production plants at risk of being delayed, scaled down, or cancelled.
Europe’s pipeline of gigafactory projects has been progressing in a bid to avoid overdependence on Asian battery cell imports. Today, there are more than 50 battery cell factories planned, with a considerable proportion of them Asian manufacturers. Gigafactory announcements have been coming thick and fast but analysts are still predicting a shortage of production capacity …
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