Speakers from PowerCo, Basquevolt, Li-Cycle and Ceva Logistics discussed the challenges of localising battery production in Europe at this year’s ALSC Europe conference
Matthias Braun, head of logistics at PowerCo, VW Group’s own battery company, outlined that 40% of the value in a vehicle was the battery but that 95% of battery suppliers were based in China and wider Asia. PowerCo is already working on its own gigafactory in Salzgitter, Germany, and has recently announced a second gigafactory to be based in Sagunto, near Valencia in Spain.
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