According to figures from Ultima Media’s Automotive intelligence unit, presented at the Automotive Logistics and Supply Chain Europe Live conference, last year European battery production capacity stood at 60GWh per year, a 13% share of global battery capacity. By 2030 that will need to grow to 950GWh, a 16-fold increase that will mean Europe then holds a 33% share of global battery production. Assuming 50% of EU vehicle sales are EVs in 2030, it will create a supply chain worth €50 billion a year.

That battery production, however, will substantially increase CO2 output per vehicle produced, and carmakers and their battery production partners are looking at ways to mitigate this carbon footprint, including through more efficient and sustainable logistics, and localised sourcing.