Germany has always been a key player in car manufacturing, particularly in the historical development and production of combustion engine vehicles. In recent years, Germany has made substantial efforts in specialising and excelling in the production of electric vehicles. Germany’s surge in electric vehicle sales has significantly outpaced the global trend, reflecting a growing commitment to sustainable transport. As a result, Germany currently ranks as the fourth-largest vehicle market worldwide, based on sales figures.
The increasing demand for energy storage, together with the need for efficient battery solutions, has led to a substantial rise in the demand for batteries, which German companies are trying to meet. This presents great opportunities for both Nordic and German companies from across the battery value chain to collaborate and complement their strengths and capabilities to develop sustainable, cutting-edge products and build innovative value chains.
Join us to discuss how the Nordic countries can leverage and combine their complemented strengths across the battery value chain and accelerate innovative solutions and partnerships towards a green battery value chain.
By leveraging a strong OEM landscape, Germany holds the potential to unlock synergies by integrating the companies within the battery value chain based in Germany. These include in particular material producers as well as machinery and plant manufacturers. Battery cell production in Germany could also become a pivotal element in sustaining system competence in Europe and consequently, securing Germany's position as a hub for innovation. In addition, it opens the prospect of expanding sales markets for the energy transition in the realm of stationary energy storage solutions.
Germany leads Europe in announced production capacity for battery cells, boasting an impressive 151 GWh
Government initiatives, a well-established automobile manufacturing industry, and rising EV sales are major factors contributing to Germany’s expanding presence in the global EV battery market
Despite higher labour costs, Germany is the preferred location in Central Europe for establishing gigafactories, owing to the presence of numerous large OEMs
The German government has set an ambitious goal of putting 15 million electric cars on the road by 2030
Almost EUR 3 billion from the Federal Ministry for Economic Affairs and Climate Protection have been earmarked for the development of battery cell production by 2031
With a global patent share of around 10%, Germany’s battery research and industrial activities are globally recognised for securing competitiveness in future innovations