Swedish Northvolt has secured the environmental permit for the establishment of Europe’s largest lithium-ion battery cell factory. The ground has been broken in Swedish Skellefteå whilst works on their lab in Västerås outside of Stockholm are well underway.
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PSA CEO Carlos Tavares throws his weight behind the ‘Battery Airbus’ for Europe as proposed by the EU Commission. He believes it crucial to operate independently from Asian suppliers but has yet to find the industry’s support.
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The plan for a Europe-wide battery alliance is due next month. EU vice president Maroš Šefčovič is facing opposition from the industry though as executives doubt their investment in a European Gigafactory would pay off.
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