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In 2019, investment in the European battery ecosystem reached €60bn, three times more than in China.

Europe is well on track to compete for the role of battery leader of the world.  European investment in the battery ecosystem peaked at 60bn Euro, which is 3 times higher then China’s.  With full support of the European commission and its institutions, the energy storage industry in Europe will easily become a multi-billion dollar industry in the years to come.

Source: innovationnewsnetwork