Europe’s cumulative EV investment passes €200bn
New AutoMotive’s data tracker, reported by Reuters on Sunday, marks the threshold and puts the question to industrial policy: how much of the headline number will end up producing cells at scale, given that roughly 600 GWh of announced European battery capacity has already been delayed or cancelled.
Europe has now invested cumulatively €200bn into its electric-vehicle supply chain, according to New AutoMotive data reported by Reuters.
The threshold represents a meaningful milestone for a region that has spent the past decade reorganising its industrial base around battery cell production, e-axle manufacturing, charging infrastructure, and the longer-tail mining, refining, and recycling capacity that those depend on.
The headline figure is also a marker of how much capital has been committed to a transition whose execution remains in active doubt.
New AutoMotive’s tally captures both private and public investment commitments across the European automotive value chain since the start of...
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