Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Al Mayadeen's correspondent: The Lebanese Army is continuing its investigations and will later announce any information that does not affect the confidentiality of the investigation
Al Mayadeen's correspondent: It has not yet been determined whether the detainees belong to ISIS or another organization
Al Mayadeen's correspondent: Around 10 people of different nationalities, including Lebanese nationals, were detained
Al Mayadeen's correspondent: The Lebanese army arrested a number of people in the Matn area of Mount Lebanon with possession it has not disclosed
Gaza Civil Defense spokesman: We have strong indications that there are martyrs, injuries, and trapped people in the Salah al-Din area
Gaza Civil Defense spokesman: Citizens should avoid Salah al-Din Street because anyone who approaches it is at risk of being directly targeted
Gaza Civil Defense spokesman: Reality is that there is a very limited retreat of the vehicles, with the occupation forces providing cover undeer fire up to Salah al-Din Street
Gaza Civil Defense spokesman: Claims that the Israeli occupation has withdrawn from areas in the neighborhoods of al-Zaytoun, al-Tuffah, and al-Shujaiya are false
Hamas: The two delegations stressed that any negotiations must lead to the achievement of our people's goals and aspirations, foremost among which is ending the war and the complete withdrawal of enemy forces
Hamas: A delegation from the Hamas leadership, led by the head of the leadership council, Mohammad Darwish, met with an Islamic Jihad delegation, headed by its Secretary-General, Ziyad al-Nakhalah

EU runs the risk of relying on China for batteries: Reuters

  • By Al Mayadeen English
  • Source: Agencies
  • 18 Sep 2023 12:46
3 Min Read

Reports suggest that the European Union may become significantly dependent on China for lithium-ion batteries and fuel cells.

  • x
  • BMW employee Kamer Schmidt works at the production line for electric drive modules for BMW i8 plug-in hybrid cars and i3 electric drive cars in Dingolfing, Germany, Tuesday, Jan. 20, 2015. (AP Photo/Matthias Schrader)
    BMW employee Kamer Schmidt works at the production line for electric drive modules for BMW i8 plug-in hybrid cars and i3 electric drive cars in Dingolfing, Germany, Tuesday, Jan. 20, 2015. (AP Photo/Matthias Schrader)

A document prepared for EU leaders warns that, unless strong measures are taken, the European Union could become as reliant on China for lithium-ion batteries and fuel cells by 2030 as it was on Russia for energy before the NATO-orchestrated war in Ukraine. This document, obtained by Reuters, will be the focal point of discussions on Europe's economic security during an upcoming EU leaders' meeting in Granada, Spain, on October 5.

Amid Western concerns about China's increasing global influence and economic clout, leaders will deliberate on the European Commission's proposals to mitigate the risk of excessive dependence on China and the need to diversify towards Africa and Latin America.

Given the intermittent nature of renewable energy sources such as solar and wind, the paper asserts that Europe will need efficient energy storage solutions to achieve its goal of net-zero carbon emissions by 2050. It predicts a substantial surge in demand for lithium-ion batteries, fuel cells, and electrolyzers, with estimates ranging from 10 to 30 times the current demand in the coming years.

Related News

Trump hints at Russia confrontation: 'You'll see things happening'

Kremlin addresses Ukraine talks, Western policies, US weapons

While the EU has a strong foothold in the intermediate and assembly stages of electrolyzer production, with over 50% of the global market share, it heavily relies on China for critical components like fuel cells and lithium-ion batteries used in electric vehicles.

The document underscores that without robust measures, Europe's energy landscape could exhibit a form of dependency on China by 2030, similar in nature and severity to its previous dependence on Russia before the war in Ukraine.

It highlights the consequences of ending most energy imports from Russia, which led to an energy price shock and increased consumer inflation, prompting the European Central Bank to raise interest rates significantly, curbing economic growth.

The paper also points out that vulnerabilities extend beyond energy-related dependencies, highlighting potential risks in the digital technology sector. It predicts a sharp rise in demand for digital devices like sensors, drones, data servers, storage equipment, and data transmission networks in the coming decade, where the EU exhibits strengths in some areas but significant weaknesses in others.

By 2030, continued foreign dependencies could impede productivity gains necessary for the European industry and service sectors and hinder the modernization of agricultural systems crucial for addressing climate change.

  • Nato
  • Russia
  • technology
  • Chinese batteries
  • China
  • European Central Bank
  • Russian energy
  • European Union

Most Read

Hezbollah SG reveals war details on Al Mayadeen for the first time

Hezbollah SG reveals war details on Al Mayadeen for the first time

  • Politics
  • 8 Jul 2025
Major ambush in Gaza kills 6 Israeli troops, injures dozens

Major ambush in Gaza kills 5 Israeli troops, injures 14

  • Politics
  • 8 Jul 2025
Israeli soldiers are seen in Beit Hanoun ahead of an operation by the al-Qassam Brigades, undated (Al-Qassam Brigades Military Media)

'Israel' on blast as media exposes report discrepancies in Gaza ambush

  • Palestine
  • 8 Jul 2025
Yemeni air defenses repel substantial part of Israeli aggression

Yemeni air defenses confront Israeli aggression on Hodeidah

  • Politics
  • 7 Jul 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
The Freedom Flotilla ship Handala as it departs for Gaza, where it aims to break the maritime blockade at a port in Syracuse, Sicily in southern Italy on July 13, 2025. (AFP)
Palestine

Freedom Flotilla's Handala departs Sicily in bid to break Gaza siege

The container ship CMA CGM Laperouse, left, docks at the Georgia Ports Authority's Port of Savannah, Sept. 29, 2021, in Savannah, Ga (AP)
Politics

US shipbuilding woes deepen as tariffs, outdated policies backfire

Gaza war raises ethical questions for ex-Obama, Biden officials
Politics

Mercenary firm tied to Gaza war crimes hires Obama-Biden PR operatives

'Israel' targets children in Gaza collecting water
Palestine

'Israel' strikes Gaza kids fetching water, blames it on 'malfunction'

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS