The geopolitics of batteries: China drives the battery value chain and Europe struggles for energy sovereignty. Key aspects are analyzed in three memos, highlighting the geopolitical impact, cybersecurity, and export controls on cathode technology. Europe needs a comprehensive strategy to compete in new battery chemistries.
The EU is driving the Global Gateway to strengthen connectivity with Africa, mobilizing significant capital. The project aims to reduce strategic dependencies through infrastructure investments, exceeding initial financial expectations with a revised target of €400 billion by 2027. A convergence of benefits is confirmed in the EU-UA partnership, particularly in energy, digitalization, and infrastructure. The Lobito Corridor in Angola is a key project to connect regions rich in strategic mineral resources, contributing to the digital and green transition and addressing logistical challenges.
The CHIPS and Science Act of 2022 allocated billions of dollars to manufacturing in the US, creating 15,000 semiconductor jobs and showing a positive impact on employment in this sector. The law aims to stimulate the industry and strengthen economic security.
China leads the world’s lithium-ion battery production, especially in electric vehicles, since 2001. Despite its successes, it faces challenges of overproduction and price drops. China strengthens its supply chain for national security and self-sufficiency. Europe considers whether to directly compete with China in future battery technologies.
Donald Trump promotes peace through force in his National Security Strategy, reinforcing a militaristic approach to safeguard US interests. His bet on military power over soft power distances him from potential allies and does not guarantee security against current threats. His aggressive policies generate tensions with the European Union and cause an increase in military spending, weakening the welfare state. Trump seeks to maintain the global status quo, ignoring peaceful alternatives. The president’s decisions reinforce the hegemonic vision of the US, distancing itself from international cooperation and generating conflicts.
