Experts Predict EU Dependence on Chinese EV Batteries Could End in 2030
By 2030, analysts believe Europe will no longer need to import electric vehicle batteries from China, provided it keeps up with the American president's $369 billion (£298 billion) environmental subsidy binge. According to a report by Transport & Environment, which advocates for renewable energy, the European Union is on course to create more li-ion batteries by 2027 to increase supply and end reliance on China for the production of batteries as well as the processing and refinement of battery metals. By 2030, projects in Europe may meet more than one-half of the refined lithium requirements. Currently, Europe doesn’t have any…