The European Commission has approved, based on the EU rules on support to member countries, an Important Project of Common European Interest "IPCEI", jointly funded by Belgium, Finland, France, Germany, Italy, Poland and Sweden, to support research and innovation in the common European priority sector of batteries.
The demand for batteries should grow very quickly over the years to come.
Forward-thinking research, development and innovation policies will play a key role in allowing Europe and its member countries to best exploit this transition. At the end of 2017, the Commission launched a "European Battery Alliance" with the member countries concerned and the industrial players, and it adopted a strategic action plan for batteries in May 2018.
Today’s project is one of these efforts.
Creating an innovative and sustainable ecosystem for batteries in Europe is the challenge that Flash Battery has taken on as part of a group of 17 partners which includes leading operators in the industry and national institutions. The aim is to build a lithium batteries value chain, completely embedded in the EU, which will produce raw materials, cells, modules and battery systems on a large scale.
17 companies and research institutions have been selected for this IPCEI project to develop advanced disruptive technologies that meet performance, cost and safety objectives that are currently not met in the lithium-ion battery sector. The comprehensive project should be completed by the end of 2031.