EV sector to drive growth in European battery demand

Opinion Pieces

2

Feb

2026

EV sector to drive growth in European battery demand

Battery demand in Europe is set to grow strongly over the next five years, driven primarily by the electric vehicle sector and, to a lesser extent, energy storage.

As Europe pushes for locally-manufactured products across the battery supply chain to reduce its reliance on imports, companies have invested in Europe despite uneven value chain growth.

Many gigafactories are set to come online, mainly in 2026 and 2027, but some projects still face risks.

The development of EV, battery and raw material markets will be the focus at Project Blue's Critical Materials Conference: EV & Battery 2026 on February 24-25 in Berlin, Germany - learn more about the conference and presentation agenda here.


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