Klima & Energie
EIB to Help Boost EU's Electric Battery Supply Chain
The European Investment Bank (EIB) will provide expert advice to Resonac Graphite Spain to help accelerate its project for producing synthetic graphite. This material is a critical component for electric vehicle (EV) batteries, a market currently dominated by non-EU suppliers. The EIB's support aims to strengthen Europe's strategic autonomy in the green technology sector by building a local supply chain for essential battery materials. This initiative aligns with the EU's broader strategy to secure its green transition and reduce critical dependencies.
The EU is helping establish a local supply of key materials for EV batteries, reducing reliance on imports.