6 / September 2019

Germany to support three battery cell alliances: economy minister

The WA Government support is timely given the demand for ethical and eco-friendly battery minerals for the European EV market continues to increase.

Germany will support three company alliances with earmarked funds of 1 billion euros for the domestic production of battery cells in an effort to reduce carmakers’ dependence on Asian suppliers, Economy Minister Peter Altmaier told Reuters.