TWAICE JOINS EUROPEAN BATTERY ALLIANCE
TWAICE is now a member of the EBA250, the industrial development programme of the European Battery Alliance. The goal of the European Battery Alliance is to ensure that all Europeans benefit from safer traffic, cleaner vehicles and more sustainable technological solutions. This will be achieved by creating a competitive and viable battery cell manufacturing value chain in Europe.
- EBA250 brings together stakeholders of the entire European Union’s battery value chain
- TWAICE’s predictive battery analytics platform can make a significant impact on the European battery ecosystem and improve the sustainability of batteries
- Common goal of the European Battery Alliance is to create a competitive and sustainable European battery industry
Munich/Brussels, 12 January 2021. The primary objective of the European Battery Alliance is to create a competitive manufacturing value chain in Europe with sustainable battery cells at its core. According to some forecasts, Europe could capture a battery market of up to €250 billion a year from 2025 onwards. To do this, it must ramp up its participation in the global race. Two aspects are crucial to success: being technologically self-contained – not relying on competitors outside Europe – and capitalising on the growth and investment potential of batteries. Covering the EU demand alone will require at least 10 to 20 ‘giga factories’ (large-scale battery cell production facilities). The scale and speed of the necessary investment will require combined efforts to meet this industrial challenge. TWAICE is now part of the collaboration.
Dr Stephan Rohr, Co-founder and Managing Director of TWAICE: “We are happy to join this pan-European initiative to drive forward the battery industry and value chain in Europe. Enabling players to optimise the development and operation of batteries is the essence of our work at TWAICE.”
The European Battery Alliance was founded in 2017 by Maroš Šefčovic, EU Commission Vice President for Interinstitutional Relations and Foresight, and is an evident success, having already attracted close to 600 industrial partners.
Mr Šefčovic: “The alliance has changed the mindset around batteries in Europe. There is now a wider understanding of the essential role of batteries in delivering the EU’s strategic objectives in industrial competitiveness, decarbonisation of the economy and resilience in the industrial sectors”.
The industrial development programme of the European Battery Alliance is driven by EIT InnoEnergy. This cooperative platform gathers the European Commission, interested EU countries, the European Investment Bank, key industrial stakeholders, and innovation actors. TWAICE joins fellow battery drivers from public and private sectors in and outside Europe, who collectively cover the entire battery value chain. This comprises raw and active materials, cell manufacturing and machinery, battery packs and systems, application and integration, and recycling/second life.
About EBA250 and EIT InnoEnergy
The European Battery Alliance (EBA) was launched in October 2017 by European Commission Vice President Maroš Šefčovic. The purpose is to ensure that all Europeans benefit from safer traffic, cleaner vehicles and more sustainable technological solutions. All this will be achieved by creating a competitive and sustainable battery cell manufacturing value chain in Europe. Find out more at www.eba250.com.
EIT InnoEnergy is the leading engine for innovation and entrepreneurship in sustainable energy across Europe and beyond. EIT InnoEnergy has provided investments and added value services to some 380 sustainable energy related start-ups, of those 30+ are in storage, including flagship players like Northvolt, a vertically integrated sustainable battery manufacturer, and Skeleton Technologies, a global leader in ultracapacitors who is playing a key role within leading OEMs. Following the mandate of the EU Commission, EIT InnoEnergy is leading the industrial stream of the European Battery Alliance in 2017, a European Commission initiative to build a strong and competitive European battery industry. EIT InnoEnergy was established in 2010, has invested €560 million in sustainable energy innovations and is supported by the European Institute of Innovation and Technology (EIT). Find out more at www.innoenergy.com.
TWAICE provides predictive analytics software that optimizes the development and operation of lithium-ion batteries. TWAICE’s core technology is the digital twin – a software that combines deep battery knowledge and artificial intelligence to determine the condition and predict aging and performance of batteries. This makes complex battery systems more transparent, effective and reliable. As the leading battery analytics software for global players in the mobility and energy sectors, TWAICE is committed to increasing the lifetime, efficiency and sustainability of the products that power the economy of tomorrow.