EU Batteries Need Export Credit Backing
EU Batteries Need Export Credit Backing
ESG Investor
As Europe races to keep up with China and the US on clean technologies, state-backed export credit agencies’ role is expected to grow.
Export credit agencies (ECAs) must step up their support for Europe’s nascent battery-manufacturing industry if the sector is to attract private investment and compete with Asia and the US, according to Dutch bank ING. Lithium-ion batteries are a core component of electric vehicles (EVs), and their supply is therefore essential…
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