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EU battery production needs more than just Franco-German cooperation, Sefčovič says

( May 2, 2019, 14:07 GMT | Official Statement) -- MLex Summary: Cooperation between Germany and France isn't enough to make the EU a leader in battery production, though it can serve as an "example" to shape future industrial policy, commissioner Maroš Sefčovič said following the European Battery Alliance meeting today in Paris. Europe "desperately needs other partnerships," he said, adding that the European Commission would set up a platform to encourage further private investment in this industry of up to 70 billion euros.Speech follows in French....

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