Germany And Poland Will Work To Form A European Battery Alliance

- Jul 15, 2019-

During his recent visit to Poland,German economy minister Atlas Mayer and Polish minister of Industry and Technology Jadwiga Emilewicz, jointly announced that the 2 countries will strengthen the cooperation in research,development and production of electric vehicles batteries.

 

Emilewicz said the two ministers discussed the possibility of joint battery technology cooperation. She added that the cooperation would not be limited to battery technology,but would be similar to the attempt by European countries to promote the development of aviation industry through joint efforts of EU member states.

 

In order to achieve a higher level of cooperation, the German and Polish ministers decided to open the project to other EU member states after consultation, so as to establish EU-wide battery production projects,and to establish a "European battery union" as a platform to attract relevant enterprises to participate.

 

Experts believe that Germany and Poland cooperate in the battery field to try to establish a "European battery union",which is an urgent need of the European electric car industry. As a traditional superior industry in Europe,the automobile industry is facing strong challenges from enterprises in the United States and east Asia. At present, the German ministry of economy is facing great pressure on the development of electric vehicle industry,especially battery production. Recently, German auto executives have been calling for Germany and Europe to wean  themselves off their dependence on Asia for batteries and built up Europe's own battery production capacity.

 

In fact, the German government has had the ideal of establishing a production base for electric vehicle batteries in Germany, and the German automobile industry has also recognized that energy storage technologies and batteries are an important link in the value chain of  electric vehicle industry. By 2025, the battery industry is expected to account for 20-25% of the total value of passenger cars, with a market share of 60 billion in pounds.

 

Despite the importance of the EU's battery initiative,German companies seem unimpressed. Not long ago, Bosch explicitly refused to build a battery factory in Germany, and other companies have balked at investing in the sector. Therefore, although the German and Polish governments have shown their willingness in this regard, relevant companies still hope to see more firm political will and more feasible policies from the governments,so that companies can have more stable profit expectations.