Data: January 24, 2022
Two German car industry giants, Bosch and the Volkswagen Group, will team up to help build battery plants in Europe, reducing the dependence of this component on suppliers from other continents.
The Volkswagen Group and Bosch have teamed up and announced a joint venture dedicated to electric vehicle batteries. The result of this partnership foresees, by the end of 2022, the start of the process to build factories, in order to make the European continent self-sufficient in the production of electric car batteries.
The two German companies say that this is an important step to stand out in the electric mobility scenario. The joint venture plans to provide manufacturers with integrated production systems, as well as support for the maintenance of these units. The objective is to achieve technological leadership and in terms of battery manufacturing costs, being also considered an important contribution to carbon neutrality at the continental level.
In a statement, Thomas Schmall, CTO of the Volskwagen Group, states that through this initiative “Europe has a unique opportunity to become the biggest global battery power in the coming years”, . Something, which the two partnerships hope, will help reduce dependence on Asian suppliers.
VW Group wants to have six factories by 2030
By 2030, Volkswagen plans to build six battery plants on European territory with a combined production capacity of up to 240 gigawatts per hour (GWh). This is a key step in the company’s strategy, which aims to become the world’s largest supplier of electric vehicles. The plan will start in Sweden and Germany, where the first two factories will start production in 2023 and 2025, respectively. The countries where the remaining factories will be built have not yet been announced, but there are indications that Spain and Eastern Europe may be part of the final selection.
To date, battery plants with a production capacity of around 900 GWh have been announced in Europe, according to information released by the European Battery Alliance (EBA) (which is expected to account for around 16% of global production by 2029). Still, the EBA said that a third of global batteries must be produced in Europe by 2030 to reduce dependence on suppliers that dominate the market – South Korea and China. Currently, the largest battery factory in Europe is Tesla in Berlin, with a capacity to produce more than 100 GWh.
Source: Bosch e ANE