Germany is throwing €1 billion at domestic battery production, in the hopes of becoming independent from Asia…but is it enough?

Posted by on June 21, 2019 10:39 pm
Categories: Batteries & Battery Materials

Share this Content

As reported by Power Technology: “The German Government has earmarked around €1bn to support battery cell production at home and in Europe as part of a bold bid to take 30% of global market share by 2030. But can the investment successfully wrestle production away from dominant Asian competitors? Heidi Vella finds out…”

To continue reading, click here to read Power Technology’s full article.

If you enjoyed this article, be sure to check our homepage at and my Twitter and Facebook pages for more help with your due diligence and stock/company research!

I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from/through New Energy Narrative, which I am the founder and owner of).

Share this Content

Leave a Reply