Energy

Raw materials for batteries and renewable energy equipment promise a “a new chapter” for EU-Ukraine cooperation in the 2020s,

Thursday, July 15, 2021

said Maroš Šefčovič, the European Commission Vice President, at a forum in Kyiv on Tuesday. “Batteries are the main component of the entire field of electric mobility and storage for renewable energy,” he said. With electric car production expected to hit 6-8 million units by 2025, the battery market for these cars will be at least €250 billion a year, he forecast.

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The EU would tax jet fuel, ban new gasoline and diesel cars after 2035 and impose a ‘carbon border tax’ on imports of ‘dirty’ steel

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