T&E: two-thirds of European battery production at risk as companies weigh investing in US instead
Green Car Congress
MARCH 7, 2023
T&E used publicly available information to assess the 50 gigafactories announced in Europe based on their finance and permits, whether they had secured a location, and the companies’ links to the US. Europe’s global share of new investment in Li-ion battery production dropped from 41% in 2021 to a meagre 2% in 2022, according to BloombergNEF.
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