by Gabrielė Vilemo Gotkovič
Rechargeable lithium-ion batteries could become the 'new gold' in the carbon-neutral future.
In fact, the decarbonisation of cars, trucks, and power grids depends on this fast-improving technology. Batteries are expected to become one of the 21st century's key developments, and the market looks forward to being worth tens of billions of euros by the middle of the 2020s.
One million plug-in cars are needed to be sold in 2020 to meet the EU's car CO2 standards, and achieving the bloc's 2030 goals requires sales to go up by 40%.
As a result, the European Commission has launched the EU Battery Alliance, championed by 16 gigafactories, to support the creation of a green battery value chain catering to Europe's demand.Download PDF