Anja Karliczek said her ministry would invest 500 million euros ($568 million) to support research into both existing and next-generation EV battery cell technology.
“The German car industry shouldn’t depend on Asian suppliers,” Karliczek told a business conference in Berlin. “This is not only a question of independence, but also a question of keeping the German economy competitive.”
The new facility aims to transfer known-how from Germany’s Fraunhofer science institute to private firms, helping reduce the risk for companies ready to start EV battery production.
