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Varta: 300 Million for the Next Generation of Lithium Batteries
Federal Minister for Economic Affairs Peter Altmaier (CDU) has presented battery manufacturer Varta in Ellwangen with a funding notice amounting to 300 million euros, as part of the EU Commission's initiative to promote battery technology. With the help of the funding, the traditional manufacturer of auto and micro batteries is to research the next generation of lithium-ion cells and also establish mass production. "We want to remain an automotive nation in Germany," Altmaier stated at the Ellwangen site.
"The establishment of an innovative and sustainable battery cell production in Germany is a high priority for us. It is necessary to remain competitive in the course of the energy and transport transition, create new jobs, and secure prosperity. The first battery cells are already being produced in Germany. Now we are taking the next step towards large-scale series production of battery cells for automotive and industrial applications," Altmaier is confident.
The federal states of Baden-Württemberg and Bavaria are also contributing funds to the project, which is focused on the two sites in Ellwangen and Nördlingen. Nationwide, the Federal Ministry for Economic Affairs aims to promote battery cell production with around 1.7 billion euros by 2030.
Pilot Line to Scale Up Latest Micro Batteries
In addition to developing the latest generation of small-format lithium-ion cells with even higher energy densities, the focus of the funding program will be on transferring its own technology to larger formats. These battery cells could be used in the future in energy storage systems, robots, but also in areas of mobility, as the provider specified. These new battery formats are now to be optimized and transitioned into mass production on a pilot line. Furthermore, the provider continues to invest in research and development activities for battery cells in special formats, which are increasingly in demand, for example, for IoT applications.
Seen as Technology Leader in Micro Batteries
Varta AG, headquartered in Ellwangen, produces and markets a comprehensive battery portfolio ranging from micro batteries, household batteries, energy storage systems to custom battery solutions for a variety of applications, according to their own description. The "Microbatteries & Solutions" segment focuses on the OEM business for micro batteries as well as the lithium-ion battery pack business. Here too, they see themselves as recognized innovation leaders in key growth markets for lithium-ion technology and primary hearing aid batteries. The "Household Batteries" segment includes the battery business for end customers, including household batteries, rechargeable batteries, chargers, portable power (power banks), and lights as well as energy storage.
Translated automatically from German.
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