Moving the EV supply chain to Europe would cut the emissions of producing a battery by 37% compared to a China-controlled supply chain, according to new analysis by lobbying group Transport & Environment (T&E). This carbon saving rises to over 60% when renewable electricity is used.
Securing other parts of the battery value chain will be even more challenging given China’s dominance and the EU’s limited expertise. The report finds Europe has the potential to manufacture 56% of its demand for cathodes – the battery’s most valuable components – by 2030, but only two plants have started commercial operations so far.
Source: CleanTechnica: Read The Article PSR Analysis: While reducing the carbon footprint is worthwhile, the move would have some potentially significant cost implications which would make EVs more expensive and could slow the pace of adoption. PSR
Guy Youngs is Forecast & Adoption Lead at Power Systems Research
