Direct supply from Western European cylindrical solar container lithium battery manufacturers

Does the EU have a battery supply chain?

When it comes to battery supply chain and manufacturing capacities, the EU continues to compete with major global players like China and remains heavily reliant on imports. Demand for batteries for electric vehicles (EVs) has grown significantly, and the EU has struggled to meet this demand through domestic production alone.

How are European lithium battery manufacturers addressing geopolitical turbulence?

European lithium battery manufacturers are intensifying efforts to localize production, align with EU regulatory objectives, and safeguard their supply chains from geopolitical turbulence. Marcus Williams delves into the current landscape with Basquevolt, Inobat, and LG Energy Solution.

Where are lithium batteries made?

Source: JRC analysis. The supply 1 of each processed raw material and components for batteries is currently controlled by an oligopoly industry, which is highly concentrated in China. Although China is expected to continue holding a dominant position, geographic diversification will increase on the supply side, mostly for refined lithium.

What is the global demand for lithium-ion batteries?

Introduction The global demand for lithium-ion batteries is expected to increase 10- to 20-fold this decade, mainly due to the rapid growth of the electric vehicle market . The growing demand implies that capacities for the extraction and refinement of battery raw materials and the production of battery cells must also be increased.