Volkswagen Group and partners are joining forces to form the European Battery Union (EBU).
The new consortium will be led by the Volkswagen Group and Swedish battery producer, Northvolt. The joint research activities of the European Battery Union will cover the entire battery value stream – from raw materials through cell technology to recycling.
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The prime objective is to accumulate much broader know-how on battery cell production.
Partners from research and industry in seven EU member states are joining forces in the European Battery Union consortium. Research will range from raw material production to cell technology and cell production processes and through to recycling.
Research activities will also focus on the development and engineering of plant technologies allowing sustainable and competitive battery cell production in the European Union.
All partners will step up investments as a result of planned additional research. The investments could receive financial support from funding announced by the German Federal Ministry for Economic Affairs and Energy.
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By GlobalDataAll the results of research work by the European Battery Union will be exchanged between the partners across national borders. Joint research activities are to start at the beginning of 2020.
