Europe is the second largest electric car market after China, with most major
carmakers (OEMs) planning to fully electrify their sales in the region by 2030.
Whether or not OEMs will be able to achieve those in large part depends on the
ability to secure battery cells and critical minerals that go into them. But they need
to act fast amidst an intensifying global race. As geopolitical tensions and
sustainability concerns rise, the value of resilient and responsible supply chains is
now higher than ever. To understand how well Europe's legacy carmakers are
prepared T&E analysed their battery and raw material strategies to 2030 and
compared that to global players such as Tesla and BYD.
Authors
- Published in
- Belgium
