CATL massively increases investment in Erfurt
Chinese battery cell manufacturer CATL has decided to increase the investment in its planned factory in Erfurt by a factor of 7.5: Instead of the originally planned 240 million euros, 1.8 billion euros are now earmarked for the German location.
Germany: 3 battery consortia will be funded
To stimulate domestic battery cell production, the German Federal Ministry of Economics will most likely fund three consortia a total of 1 billion euros ($1.12 billion USD). Of these, only the project of Peugeot, Opel and the battery manufacturer Saft has been confirmed by name.
Germany extends EV premiums til end of 2020
The German Federal Ministry of Economics has officially extended the purchase premiums for electric cars and plug-in hybrids until the end of 2020. The environmental bonus will therefore continue in its current form, meaning with identical subsidy rates, until 31 December 2020.
EU battery cell production: First funding in June
The German BMBF, that is the Ministry for Education, plans to decide on the location of a research factory for cell production on June 7. Moreover, the German government is also planning to pay the first half of the money for the planned cell production factories this June as well.
Germany looks to raising EV subsidies
The German Federal Transport Minister Andreas Scheuer wants to boost electric car sales by raising the ‘Environmental Bonus’ for purely electric cars from currently 2000 to 4000 euros by 2020. The measure would only apply to small battery electric or fuel cell cars with a purchase price of no more than 30,000 euros.
PSA, Opel and Saft battery consortium ready to go
The Franco-German initiative announced last December for setting up a battery cell production facility is becoming concrete. The economic ministries of both countries have now proposed the alliance as the first consortium for funding from the EU Commission.
Europe’s battery cell plans in numbers
Germany’s Federal Minister for Economic Affairs and Energy, Peter Altmaier, wants to have about 30% of global battery production in 2030 take place in Europe. What this would entail in terms of factories is described below.
Europe to carry 30% of global battery cell production
In Berlin today, Germany’s Federal Minister for Economic Affairs and Energy, Peter Altmaier, delivered his latest take on the European Battery Alliance (EBA). While he signalled strong targets and promised one billion euros of funding, he did not name concrete details of the planned battery cell production in Europe or Germany.
Battery cell production in Germany hung out to dry
The TerraE consortium that had planned to set up a mega battery cell production in Germany has failed as none of the businesses involved was ready to shoulder the investment, reports German media. TerraE thus follows other players in the country that continue to ignore the government calling on them to do their bit.
Germany and Poland set up battery cell alliance
The previously rumoured plan by Germany and Poland to cooperate in the area of battery cells is becoming more specific: The cooperation is now said to be aiming to set up battery cell manufacturing across the nations’ border regions.