Germany is back in the batteries spotlight again this week. The economy minister has warned EV and battery producers that state aid alone will not help build a battery cells production industry to challenge the likes of China. More than a little entrepreneurial zeal will be needed too, according to Peter Altmaier.
The minister is of course right, but industry leaders are only going to shake more cash out of their shareholders and investors if there is political support at the highest levels. After all, it takes two to tango.
To be fair, Germany does appear to be putting its money where its mouth is in terms of building a European batteries base. But, as one of our other latest stories shows, a next-generation 'green' battery empire needs to be built on sustainable— and ethical— foundations. Can Europe rise to that challenge?
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