300,000 Jobs by 2030: How Europe's Battery Boom is Powering the Future
The European Battery supply chain is set to employ 300,000 people in the next 5 years as long as Europe maintains its electric vehicle ambitions. Current estimates are that 60,000 people are employed in the sector. New AutoMotive has created The European Battery Supply Chain Tracker which maps out the current and future projects on the continent. The resulting map dispels the myth that the supply chain has faltered before it even started.
Explore the data
The app
The interactive tool is designed to help policy makers, industry experts, journalists, industrial strategists, and anyone with an interest in the European battery supply chain. It allows users to explore the landscape across the mining, refining, electrode, gigafactory, and recycling part of the supply chain. The app allows decision makers to be fully informed about the strengths and weaknesses of the industry and helps to inform where extra support may be necessary. All the information is fully downloadable allowing for easy analysis.
The industry is booming
Mapping over 200 projects in the six major aspects of the supply chain, the message is clear: Europe’s battery supply chain is alive and kicking and it is important that support is accelerated to ensure Europe won’t lose out. Over the next five years, the European battery supply chain is projected to create employment opportunities for approximately 300,000 individuals. At present, the sector is estimated to already provide jobs for more than 60,000 people, highlighting its rapid growth and increasing significance in the region's economy. Support is needed to ensure a potential major employer in the region does not live up to its potential.
More EVs, not less
This burgeoning industry is reliant on one thing: the uptake and continued success of electric vehicles, without which the market for these products would be considerably smaller. EU and state wide support for EVs must not falter and should remain consistent, unclear or mixed messaging around policy levers such as the phase-out of petrol and diesel cars risks the supply chain as a whole. This transition is a truly global one and Europe must ensure that it has a seat at the table and does not miss out on this new industrial revolution.