Europe’s big battery bet

Politico (EU) | Jul 26, 2020 at 12:00 PM
  • This story is part of the special report In Search of Sovereignty, on Europe’s effort to support domestic technology.
  • It’s in the final stages of securing €1.5 billion of investment, including €350 million from the EIB, to build Europe’s largest battery factory.
  • Nestled alongside lines of evergreen trees deep in Northern Finland, Hannu Hautala, the boss of Keliber, wants to open one of Europe’s only lithium mines — a crucial raw material for batteries that European manufacturers currently import.