€ 12 billion for IPCEI European Battery Innovation 

As part of the Important Projects of Common European Interest (IPCEI) program, the European Commission has approved a second major project to support research and innovation within the value-added chain for batteries. The European Battery Innovation project has been jointly prepared and submitted by Belgium, Germany, Finland, France, Greece, Italy, Croatia, Austria, Poland, Sweden, Slovakia and Spain. The twelve Member States will provide up to € 2.9 billion in funding over the coming years. In addition, private investments of EUR 9 billion, i.e. more than three times the public contribution, are to be mobilised.

With a focus on sustainability, the project covers the entire battery value-added chain from the extraction of raw materials, through design and manufacture of battery cells and sets, right up to recycling and disposal within a circular economy. The project is expected to contribute to a whole range of new technological breakthroughs spanning a variety of cell chemistries and novel manufacturing processes, as well as other innovations in the battery value chain.

Vice-President Maroš Šefčovič, responsible for the European Battery Alliance said: “Through its focus on next-generation batteries, this impressive pan-European venture will help revolutionise the battery market. It will also strengthen our strategic autonomy in a sector that is crucial for ecological change and Europe’s long-term resilience. About three years ago there was hardly any battery industry in the EU. Today Europe is a global centre for battery technology. By 2025, our actions under the European Battery Alliance will result in an industry strong enough to equip at least six million electric cars annually. Our success lies in cooperation, with around 300 partnerships between actors from science and industry being planned for this project alone.”

 

Out of 6 Austrian partners, three come from Styria

The project has 42 direct participants, including SMEs and start-ups operating in one or more member states. They will work closely with each other and with over 150 external partners from Europe (such as universities, public research institutions and SMEs) in around 300 planned projects. The entire project is expected to run till the end of 2028.

Out of the 6 Austrian partners, it is particularly pleasing to see that three come from Styria: AVL, Rosendahl Nextrom and Varta Micro Innovation. Borealis, Miba eMobility and Voltlabor are also participating.

Kontakt

Arianna Podesta
European Commission