Companies already pivoting from Europe to US for new lithium battery gigafactory projects – by Cameron Murray (Energy Storage News – January 4, 2023)


Some companies which were previously considering Europe for lithium-ion gigafactory projects are now looking to the US instead, executives working in site selection and design have told

As has written extensively, over the course of 2022 the picture changed significantly for Europe and the US’ respective gigafactory investment climates.

Post-Inflation Reduction Act (IRA), growth in planned US production capacity started to outpace Europe’s, leading major EU policymakers to call for action to ‘to prevent an outflow of investment’ from its battery ecosystem.

What hasn’t been as concretely clear is whether these are due to respective ramping up and down of existing plans or the US taking investment away from its North Atlantic neighbour, but experts working in site selection and evaluation for gigafactories tell us this is definitely happening.

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