Funding for BATT4EU in jeopardy due to budget reduction announced by the European Commission
In a joint letter to the European Commission, 12 leading organizations from various sectors have called for the preservation of the budget allocation for the BATT4EU partnership within Horizon Europe. The partnership is a key initiative focused on advancing the EU's battery supply chain.
The signatories, which include BASF, BMW, CNRS, Daimler Truck AG, EDF, ElringKlinger AG, IONITY, the International Energy Agency (IEA), Johnson Matthey, Robert Bosch GmbH, Umicore, and Volkswagen AG, have emphasized the importance of funding in battery research and innovation (R&I) under Horizon Europe.
The organizations argue that funding in battery R&I could contribute to the competitiveness of the EU's battery value chain, securing a reliable domestic battery supply in the future, and making the European battery industry competitive against overseas players. Furthermore, they believe that such funding could help deliver on the decarbonisation goals set by the Commission and be essential for the EU to meet its decarbonisation targets.
The letter also highlights that further funding in battery R&I under Horizon Europe could support the EU's battery industry in achieving its ambitious goals and ensure a steady supply for future domestic demand. The request from the industry is to keep the budget for BATT4EU intact, as stated in the letter.
However, the Commission has recently announced a €100 million budget cut for the BATT4EU Partnership within Horizon Europe. This reduction in budget allocation could directly impact the development of battery technologies and potentially put the European battery ecosystem at risk.
The letter to the European Commission also underscores the importance of maintaining funding for battery R&I under Horizon Europe. The organizations urge the Commission to deliver on their vision of a competitive and innovative battery value chain in the EU.
The organizations' call for action comes as the EU aims to become a global leader in the battery industry, with plans to invest €300 billion in the sector by 2030. The preservation of funding for the BATT4EU Partnership within Horizon Europe is seen as crucial for the EU's battery industry to remain competitive globally.
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