‘Europe can still diversify energy storage supply chain away from one country’
- Admin
- Jul 11, 2024
- 1 min read
The article discusses the trend of prioritising European companies for energy storage projects, aiming to diversify the supply chain away from reliance on China. Companies like BayWa r.e., Giga Storage, Prime Batteries, Tesvolt, and Rimac Energy emphasize the importance of using local suppliers. The EU is striving to compete with the US in attracting capital for battery manufacturing. Saft and TotalEnergies are investing in European battery cell manufacturing via Automotive Cells Company.
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