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Race against the clock of batteries: where is France?

2021-04-20T17:15:34.055Z

DECRYPTION - The rise of the electricity market is so rapid that Asian manufacturers could take advantage of the European delay to take crucial market share.



Sales of electrified cars (100% electric or plug-in hybrids) doubled in Europe in the first quarter.

The vast majority are equipped with a battery made in Asia (China, South Korea, Japan, etc.), which represents 30 to 40% of the car's added value.

"We are witnessing a transfer of added value from the automotive world to Asia with this development of the electric vehicle,"

warns Flavien Neuvy, director of the Cetelem Observatory.

Read also:

The automobile switches to all-electric

The situation will not remain as it is.

The builders have announced many plans for battery factories.

In mid-March, the German giant Volkswagen promised six "giga factories" in Europe in the coming years.

Start-ups have placed themselves in this niche, such as the Swedish Northvolt, which has launched the construction of its factory, or the French Verkor, which has only one project.

All of these projects take time to come out of the ground.

"Between the decision and the first battery, it generally takes three to four years"

, specifies

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Source: lefigaro

All business articles on 2021-04-20

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