VW and Swedish battery maker Northvolt will lead a new consortium, the European Battery Union (EBU), which aims to push battery research forward in Europe.
Through the EBU, the partners plan to research the entire battery value stream – from raw materials through cell technology to recycling. The group’s prime objective is to accumulate broader know-how on battery cell production.
Rresearch activities will also focus on the development and engineering of plant technologies that allow sustainable, climate-friendly and competitive battery cell production in the EU.
VW says all consortium partners will step up investments for the planned research, and funding could also include support from the German Federal Ministry for Economic Affairs and Energy.
Partners will share all results of the consortium’s research work, which should start at the beginning of 2020.