Federal Minister Peter Altmaier (centre) with the French Minister of the Economy and Finance Bruno le Maire (right) and Vice-President of the European Commission Maroš Šefčovič (left)

Federal Minister Peter Altmaier (centre) with the French Minister of the Economy and Finance Bruno le Maire (right) and Vice-President of the European Commission Maroš Šefčovič (left)

© Source: picture alliance / AP Photo

Federal Minister Altmaier met with the French Minister of the Economy and Finance Bruno le Maire and Vice-President of the European Commission Maroš Šefčovič in Paris today to discuss the next steps to establish European battery cell production. They also talked about a first Franco-German consortium whose project plans are already advanced. The projects are to be funded as Important Projects of Common European Interest (IPCEIs) within the European Commission’s IPCEI framework.

Federal Minister Altmaier said: “Battery cell production offers great opportunities for value chains and jobs in Germany and Europe. Industry is very interested in it, and I intend to provide political backing for the launch. Minister Le Maire, Vice-President Šefčovič and I today also discussed possible support for a Franco-German project related to battery cell production that has already been elaborated. It is important for us that companies which have mature plans can advance quickly. The numerous responses to our national call for applications show that it is possible to fund more than one IPCEI project. For this reason, we will establish a process to support additional companies that have responded to the German call for applications in the next few weeks. It is essential that we continue to involve many Member States, additional companies and the European Commission. We should make use of the great dynamism in the EU and work closely together to reach our common goal: competitive and innovative battery cells that are developed and produced in Germany, France and other EU Member States in a sustainable way.”

In the context of the Economic Affairs Ministry’s call for applications, more than 30 companies along the entire value chain have submitted high-quality proposals. They cover the fields of raw materials and exploration, extraction of materials and recycling, production of cathodes and anodes, mechanical components, and battery cell production, integration and use. The Federal Ministry for Economic Affairs and Energy is currently examining the applications that have been submitted.