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EU urged to form battery raw materials club with US

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March 30, 2023: Transport business leaders urge the EU to create a ‘uncooked supplies membership’ with the US to make sure a secure battery provide chain.

The European Car Producers’ Affiliation (ACEA) issued the decision on March 17, the day after the European Fee revealed a long-awaited Essential Uncooked Supplies Act and Internet-Zero Business Act.

The draft laws on uncooked supplies embrace an up to date model of the EU’s checklist of important uncooked supplies and outline, for the primary time, a listing of strategic uncooked supplies which might be essential to allow inexperienced tech agenda of the bloc, together with home battery manufacturing for EVs and vitality storage techniques.

ACEA broadly welcomed the proposals however questioned the “potential effectiveness and general coherence” of the proposals with the EU’s inexperienced agenda.

The physique mentioned extra work must be accomplished on the idea of constructing a uncooked supplies membership with the US.

In the meantime Recharge, the European affiliation for superior rechargeable and lithium batteries, mentioned on March 16 the Fee’s proposals may very well be a recreation changer for competitors within the battery worth chain.

Nonetheless, Recharge normal supervisor Claude Chanson mentioned it was essential for the Fee to take care of the “incoherencies” between the brand new proposals and current EU legal guidelines that proceed to delay investments and blocking the bloc’s Inexperienced Deal.

The Fee mentioned on December 9 that it had concluded talks with Chile to open up funding potential for lithium provides for the European battery manufacturing market.

Earlier this month, EU leaders and battery business chiefs agreed to develop funding to help gigafactory initiatives and pace up approval processes, amid fears that traders might be lured away from Europe. by way of profitable tax breaks and incentives within the US and Asia.

Photograph: European Fee president Ursula von der Leyen with Canadian prime minister Justin Trudeau touring Ontario’s first industrial ‘speaking’ Li-Cycle battery recycling facility earlier this month .



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