Several countries have announced plans to switch to the electric vehicles in coming years, the countries like China, India, France, Norway, Holland, and the United Kingdom have even set the target dates to completely ban the sales of IC engine backed automobiles. But for mass adoption of electric cars to become a reality, there needs to be electric car battery industry to match the demands.
At present, the electric-car battery industry is dominated by the Asian countries like Japan and Korea, another Asian country China is also rising in this sector. It is now being realized by the European leaders that for the countries to completely switch to electric vehicles, Europe needs companies which specialize in the fabrication and assembly of lithium-ion battery cells. Maroš Šef?ovic, EU Commission vice president, therefore has recently announced a number of working groups on issues ranging from the supply chain, investment financing, trade issues, and R&D related to electric vehicle batteries. Once the working groups meet and discuss the various topics, they will issue a roadmap for Europe’s battery cell industry.
The announcement was made at a conference which was attended by executives from both the automotive and chemical industries, along with engineers. An alliance known as “European battery alliance” has also been announced that will adopt a strategic plan as early as February 2018 and start working on it. The purpose behind this alliance is to ensure that the European companies specially the automotive manufacturers have access to battery cells so that they can switch to clean energy vehicles smoothly.