No economic basis for gigafactory – battery manufacturers
Battery manufacturers say so-called gigafactories for battery production won't be economically viable in Europe for years, Daniel Wetzel writes for Die Welt. The car industry must first agree on a standard, Christian Riedel, spokesperson of Johnson Controls, said at German Electrical and Electronic Manufacturers’ Association (ZVEI) event in Berlin. “If the Association of the Automotive Industry [VDA] does not agree on cell technology, there will be no investment in major factories on greenfield land.” Rainer Hald, chief technical officer at Varta, said: “There won’t be a business case, as long as no customer from the auto industry is willing to commit [to a technology].”
Read the article in German .
Read the 淨 News Digest piece Germany misses out on rise of battery cell production in Europe, and the dossier The Energiewende and German carmakers for more information.