Skip to main content
The Globe and Mail
Support Quality Journalism.
The Globe and Mail
First Access to Latest
Investment News
Collection of curated
e-books and guides
Inform your decisions via
Globe Investor Tools
Just$1.99
per week
for first 24 weeks

Enjoy unlimited digital access
Enjoy Unlimited Digital Access
Get full access to globeandmail.com
Just $1.99 per week for the first 24 weeks
Just $1.99 per week for the first 24 weeks
var select={root:".js-sub-pencil",control:".js-sub-pencil-control",open:"o-sub-pencil--open",closed:"o-sub-pencil--closed"},dom={},allowExpand=!0;function pencilInit(o){var e=arguments.length>1&&void 0!==arguments[1]&&arguments[1];select.root=o,dom.root=document.querySelector(select.root),dom.root&&(dom.control=document.querySelector(select.control),dom.control.addEventListener("click",onToggleClicked),setPanelState(e),window.addEventListener("scroll",onWindowScroll),dom.root.removeAttribute("hidden"))}function isPanelOpen(){return dom.root.classList.contains(select.open)}function setPanelState(o){dom.root.classList[o?"add":"remove"](select.open),dom.root.classList[o?"remove":"add"](select.closed),dom.control.setAttribute("aria-expanded",o)}function onToggleClicked(){var l=!isPanelOpen();setPanelState(l)}function onWindowScroll(){window.requestAnimationFrame(function() {var l=isPanelOpen(),n=0===(document.body.scrollTop||document.documentElement.scrollTop);n||l||!allowExpand?n&&l&&(allowExpand=!0,setPanelState(!1)):(allowExpand=!1,setPanelState(!0))});}pencilInit(".js-sub-pencil",!1); // via darwin-bg var slideIndex = 0; carousel(); function carousel() { var i; var x = document.getElementsByClassName("subs_valueprop"); for (i = 0; i < x.length; i++) { x[i].style.display = "none"; } slideIndex++; if (slideIndex> x.length) { slideIndex = 1; } x[slideIndex - 1].style.display = "block"; setTimeout(carousel, 2500); } //

A rechargeable lithium-ion battery for the Volkswagen ID.3 sits at a plant in Zwickau, Germany, on Feb. 25, 2020.

RONNY HARTMANN/AFP/Getty Images

Car and industrial batteries sold in Europe will soon face legally binding environmental standards, the European Commission said on Thursday, as it seeks to give local producers an edge in a rapidly growing global market.

Europe’s battery demand is set to soar this decade, spurred by the 30 million electric vehicles the EU says Europeans will be driving by 2030.

The Commission on Thursday proposed regulations to ensure that demand is met by greener batteries with lower emissions, produced using recycled materials. The proposals need approval from EU member states and the European Parliament.

Story continues below advertisement

“Batteries placed on our market, regardless of their origin, they will be sustainable,” Commission Vice-President Maros Sefcovic said.

Under the proposals, rechargeable electric vehivle (EV) and industrial batteries sold in Europe must disclose their carbon footprint from 2024, and comply with a CO2 emissions limit from 2027.

An obligation to disclose the content of recycled raw materials in those batteries would apply from 2027, followed by requirements to use a minimum share of recycled cobalt, lithium, nickel and lead from 2030.

To encourage battery recycling, the Commission also proposes targets for EU countries to collect 65 per cent of portable batteries by 2025 and 70 per cent by 2030, up from the EU’s current target to collect 45 per cent of portable batteries.

Today, China hosts roughly 80 per cent of the world’s lithium-ion cell production, but Europe’s capacity is set to expand quickly. The EU says local producers could cover the bloc’s electric vehicle battery demand by 2025.

Brussels hopes its proposals could support that aim, by giving green-minded local producers an advantage over those in countries where a coal-heavy electricity grid means the CO2 footprint of battery manufacturing is likely higher.

Jesper Wigardt, vice president of communications at Swedish battery maker Northvolt, said the proposals would incentivise investments in renewable energy, to help Europe “get out of batteries produced in less good energy grids from a CO2 point of view.”

Story continues below advertisement

Be smart with your money. Get the latest investing insights delivered right to your inbox three times a week, with the Globe Investor newsletter. Sign up today.

Your Globe

Build your personal news feed

  1. Follow topics and authors relevant to your reading interests.
  2. Check your Following feed daily, and never miss an article. Access your Following feed from your account menu at the top right corner of every page.

Follow topics related to this article:

View more suggestions in Following Read more about following topics and authors
Report an error
Due to technical reasons, we have temporarily removed commenting from our articles. We hope to have this fixed soon. Thank you for your patience. If you are looking to give feedback on our new site, please send it along to feedback@globeandmail.com. If you want to write a letter to the editor, please forward to letters@globeandmail.com.

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff. Non-subscribers can read and sort comments but will not be able to engage with them in any way. Click here to subscribe.

If you would like to write a letter to the editor, please forward it to letters@globeandmail.com. Readers can also interact with The Globe on Facebook and Twitter .

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff. Non-subscribers can read and sort comments but will not be able to engage with them in any way. Click here to subscribe.

If you would like to write a letter to the editor, please forward it to letters@globeandmail.com. Readers can also interact with The Globe on Facebook and Twitter .

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff.

We aim to create a safe and valuable space for discussion and debate. That means:

  • Treat others as you wish to be treated
  • Criticize ideas, not people
  • Stay on topic
  • Avoid the use of toxic and offensive language
  • Flag bad behaviour

If you do not see your comment posted immediately, it is being reviewed by the moderation team and may appear shortly, generally within an hour.

We aim to have all comments reviewed in a timely manner.

Comments that violate our community guidelines will not be posted.

UPDATED: Read our community guidelines here

Discussion loading ...

To view this site properly, enable cookies in your browser. Read our privacy policy to learn more.
How to enable cookies