Europe Could End Reliance on Chinese Li-ion Battery Cells by 2027 – Forecast – T&E
Europe is currently working on reducing its reliance on Chinese Li-ion battery cells.
The push towards reducing dependence on Chinese battery cells has been driven by a number of factors, including concerns over supply chain security and the need to promote a more sustainable and environmentally friendly energy sector.
There have been initiatives and investments aimed at boosting Europe’s own battery cell production, with the goal of achieving self-sufficiency in this area by 2027.
However, it remains to be seen whether Europe will be able to completely end its reliance on Chinese Li-ion battery cells by 2027. The battery cell industry is complex and global, and many factors such as technological advances, economic conditions, and competition from other regions will play a role in determining the success of Europe’s efforts.
Nevertheless, the goal of reducing dependence on Chinese battery cells is an important one, and it is likely that Europe will continue to make progress in this area in the coming years.