🔋Battery Vault #106 | Why Does It Cost More to Make a Battery in Europe?🔋 batteryvault.substack.com

Battery Vault author Srinivas Popuri argues that European battery production costs exceed China’s because of combined disadvantages in materials supply, factory efficiency, yield, utilisation, scale, energy and labour—not just wages or electricity. Citing the European Commission and IEA, he says manufacturing efficiency accounts for more than 40% of the cost difference, and urges Europe to improve yields, ramp up existing plants and build out local supply chains.