Over the last few years, some high-profile battery startups filed for insolvency in the EU and the UK region, with Northvolt being the most prime example.

The Swedish battery company, which was backed by Europe’s largest carmaker – Volkswagen – and was seen as the continent’s hope of competing with Chinese battery manufacturers, ran out of funds, despite raising a hefty amount of over $15 billion from investors.

In this podcast, battery experts at S&P Global Mobility evaluate key risks that are associated with setting up battery gigafactories in the EU and the UK region. While discussing EU policy framework, BEV slowdown and the kind of cost pressures the EU battery companies face vis-à-vis their Chinese counterparts, the experts also reveal the price gaps in battery cells produced in Europe and in China, in addition to elaborating the underlying reasons behind such battery cell economics.

The discussion also includes the impact analysis of China’s latest export restrictions on the preparation technologies used in the production of LFP and LMFP cells, as battery makers in the West gear up to commence production of affordable LFP cells in the near future.

Tune in to this episode of Autology to dive deep into this topic and learn what lies ahead for EU and the UK’s upcoming battery ecosystem.

Speakers:
Ali Adim, Manager of Battery Research, Supply Chain & Technology, S&P Global Mobility
Hugo Cruz, Senior Research Analyst, S&P Global Mobility
Amit Panday, moderator and Senior Research Analyst, S&P Global Mobility

We’d love to hear your thoughts on this episode at our autology@spglobal.com email, and you can find out much more across the autotechinsight.spglobal.com website.

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