Europe could be self-sufficient in battery cells by 2026 – if gigafactories don’t get cancelled
More than half of planned plants are at risk of being delayed, scaled down or cancelled amid the global 'battery race'.
The continent’s recent policies have improved the outlook for European-made batteries, but over half of planned gigafactories remain at risk of being cancelled, according to a new report.
An analysis by NGO Transport & Environment (T&E) shows that, based on current factory plans, Europe could manufacture enough battery cells to meet its own demand as early as 2026. Between now and 2030, battery cell production capacity could reach 1.7 TWh, led by Germany, Hungary, Spain, France and the UK.