More and more electric cars Boom for Battery manufacturer

Status: 06/17/2021 10:13 a.m.

The growing number of e-cars on the streets is causing the battery market to grow strongly. One EU country in particular can catch up significantly with its Asian competition.

From Oliver Feldforth, MR

For years it was talked about, now the boom in electric mobility really seems to be there. Electric cars are very popular at a leading Frankfurt dealership. One seller says that what is delivered to him can also be easily sold.

The electric cars have contributed to the fact that the corona pandemic could not harm the battery market in Germany. Last year there was an increase of 35 percent. “Above all, the volume of the market for lithium-ion batteries has increased enormously,” says Christian Eckert from the Central Association of Electrical Engineering and Electronics Industry ZVEI. Overall, this segment grew by 63 percent. And that is mainly due to electromobility.

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The recycling rate should increase

A battery is only as green as the material and the electricity used to make it. Even the electric car is only as green as the electricity with which it is charged. When it comes to battery recycling, German industry is on the right track, said Christian Rosenkranz, Chairman of the ZVEI Batteries Association. The recycling rate for classic batteries is 80 to 90 percent, while it looks worse for lithium-ion batteries, which are in increasing demand. The industry wants to achieve a rate of 65 percent in four years.

Environmentalists see a need for action. “It is not only in Germany that we have to set high social and ecological standards for the production of batteries,” says Benjamin Stephan from Greenpeace. “The car manufacturers are responsible for this, but politics must set clear rules for all companies.”

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Poland leads the way in Europe

Germany imports batteries. The manufacturers from Europe overtook the Asian competition for the first time last year. In Europe, Poland is the leading producer, in Asia it is China, according to Christian Eckert from the ZVEI.

And electromobility will continue to grow. Volkswagen sees it that way too. The car manufacturer plans to set up six battery cell plants of its own in the next few years. According to Ralf Brandstätter, head of the Volkswagen brand, by 2030 at least 70 percent of all new Volkswagens in Europe should be electric vehicles, in North America and China more than half.

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Solid-state batteries as the technology of the future

The decision as to which drive for cars comes after the classic combustion engine seems to have been decided for the time being. “The battery-electric drive is the most efficient and significantly more economical than fuel cells and combustion engines,” said Benjamin Stephan from Greenpeace. “With the same amount of renewable electricity, a car with a fuel cell can only go half as far as a battery-electric one.”

In the case of car batteries, solid-state batteries are to replace lithium-ion technology. It does not require cobalt, which under questionable circumstances is mainly extracted in Africa. For environmentalists, electromobility is only part of the necessary turnaround in traffic. And so Greenpeace is also calling for a change in mobility towards an intelligent transport system in which bicycles, buses and trains play a bigger role