'Made in Europe' batteries would cost less than feared, finds new report
2 mars 2026
10:19
European battery makers could close the cost gap with Chinese rivals to just €500 per car by 2030 – but only if the EU introduces local content requirements, new analysis shows.
As Brussels debates whether to set "Made in EU criteria" for public funding in the Industrial Accelerator Act, a fresh report from Transport & Environment reveals how scaling up production would dramatically reduce Europe's current cost disadvantage against Asian battery manufacturers.
The findings come as homegrown battery makers like ACC, Powerco and Verkor face mounting pressure to remain competitive.