Reliable industrial policies required to support the ramp-up of European battery production

Europe’s demand for high-energy batteries is likely to surpass 1.0 TWh per year by 2030, and is expected to further outpace domestic production despite the latter’s ambitious growth. To strengthen Europe’s battery self-sufficiency and competitiveness, policy-makers must accelerate the expansion of production capacity and implement reliable industrial policies that account for sustained demand growth toward and beyond 2030.