Published on March 27th, 2019 | by Daniel Sherman Fernandez0
The European Battery Union is born
Volkswagen Group and a Swedish battery manufacturer Northvolt are now part of the EBU (European Battery Union) consortium. The European Battery Union, or “Airbus” batteries has just been launched.
This is not a structure put in place by theCommission or the European Union, the EBU (European Battery Union) is a“private” and industrial initiative. This European Battery Union is aconsortium of several companies and research units to develop batteries on theOld Continent and then, in the medium term, build them.
Among the initiators of its foundation arethe Volkswagen Group and the Swedish company Northvolt. The latter was createdby the Tesla alumni to build a giga-factory in Europe capable of producing 32GWh of batteries in 2023.
At present, the consortium has already attracted companies of various sizes from 7 European countries. The EBU will begin its work in 2020 with industrial collaborations according to the Airbus battery model in order to pool know-how. The goal is also to obtain funding to build a large European battery cell production unit.