European Battery Alliance

<h2>TWAICE joins European Battery Alliance</h2>

<h4>TWAICE is now a member of the EBA250,&nbsp;the industrial development programme of the European Battery Alliance.&nbsp;The goal of the European Battery Alliance is to ensure that all Europeans benefit from safer traffic, cleaner vehicles and more sustainable technological&nbsp;solutions. This&nbsp;will be achieved by creating a competitive and&nbsp;viable&nbsp;battery cell manufacturing value chain in Europe.&nbsp;&nbsp;&nbsp;</h4>

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<ul><li>EBA250 brings together stakeholders of the entire European Union’s battery value chain&nbsp;&nbsp;</li><li>TWAICE’s&nbsp;predictive battery analytics platform can&nbsp;make&nbsp;a significant impact&nbsp;on&nbsp;the European battery ecosystem and improve the sustainability of batteries&nbsp;&nbsp;</li><li>Common goal of the European Battery Alliance is to create&nbsp;a competitive&nbsp;and sustainable&nbsp;European battery&nbsp;industry&nbsp;&nbsp;</li></ul>

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<p>Munich/Brussels, 12 January 2021.&nbsp;The&nbsp;primary&nbsp;objective&nbsp;of the European Battery Alliance&nbsp;is to create a competitive manufacturing value chain in Europe with sustainable battery cells at its core.&nbsp;According to some forecasts, Europe could capture a battery market of up to €250 billion a year from 2025 onwards.&nbsp;To&nbsp;do this, it must&nbsp;ramp up&nbsp;its participation&nbsp;in the global race. Two aspects are crucial to success:&nbsp;being technologically self-contained&nbsp;– not relying on&nbsp;competitors&nbsp;outside Europe&nbsp;– and capitalising on the growth and investment potential of batteries.&nbsp;Covering the EU demand alone&nbsp;will require&nbsp;at least 10 to 20 ‘giga factories’ (large-scale battery cell production facilities).&nbsp;The scale and speed of the necessary investment&nbsp;will&nbsp;require combined&nbsp;efforts&nbsp;to&nbsp;meet&nbsp;this industrial challenge.&nbsp;TWAICE&nbsp;is&nbsp;now&nbsp;part of the collaboration.&nbsp;</p>

<p>Dr Stephan Rohr,&nbsp;Co-founder and&nbsp;Managing Director&nbsp;of TWAICE: <em>“We are happy to&nbsp;join&nbsp;this&nbsp;pan-European initiative to drive forward the&nbsp;battery industry and value chain in Europe.&nbsp;Enabling players to optimise the development and operation of batteries&nbsp;is&nbsp;the&nbsp;essence&nbsp;of&nbsp;our work at&nbsp;TWAICE.”&nbsp;</em>&nbsp;</p>

<p>The European Battery Alliance was founded in 2017 by Maroš Šefčovic, EU Commission Vice President for Interinstitutional Relations and Foresight, and is an&nbsp;evident&nbsp;success, having already attracted close to 600 industrial partners.&nbsp;</p>

<p>Mr Šefčovic:&nbsp;<em>“The alliance has changed the mindset around batteries in Europe. There is now a wider understanding of the essential role of batteries in delivering the EU’s strategic objectives in industrial competitiveness,&nbsp;decarbonisation&nbsp;of the economy and resilience in the industrial sectors”.</em>&nbsp;</p>

<p>The industrial development programme of the European Battery Alliance is driven by EIT InnoEnergy.&nbsp;This cooperative platform gathers the European Commission, interested EU countries, the European Investment Bank,&nbsp;key industrial stakeholders, and innovation actors.&nbsp;TWAICE&nbsp;joins fellow battery drivers from public and private sectors in and outside Europe,&nbsp;who collectively cover the entire battery value chain.&nbsp;This comprises raw and active materials, cell manufacturing and machinery, battery packs and systems, application and integration, and&nbsp;recycling/second life.&nbsp;</p>

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