Climate Changed
Seeking a Hockey Stick Growth Curve? EU Looks to Batteries
- EU Commission expects EV sales in Europe to surge from 2020
- Commission backs creation in Europe of ‘Airbus for Batteries’
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Investors seeking exponential growth may want to take a look at batteries, according to the European Union’s top energy official.
The European Commission expects demand for batteries in Europe “to look like a hockey stick as of 2020 to 2030 and beyond,” EU energy union chief Maros Sefcovic said Monday at an e-mobility conference in Stuttgart, Germany. “Time has come for a step change in this field.”