German Federal Minister for Economic Affairs and Energy Peter Altmaier and his French colleague Bruno Le Maire have agreed on increasing their industrial cooperation in battery cell production in Europe, disruptive innovation and artificial intelligence. This way both countries aim to increase jobs and prosperity, and invest in key technologies of the future.
Battery technology has proven to be a fundamental part of all areas of industrial value creation, especially when it comes to the EV market, renewable energy and also private households. To strengthen this sector it is important for private companies to develop innovative storage solutions, which Germany and France will achieve through supporting the development of large projects at European scale.
Both ministers have met before the Ministerial Conference of the Friends of Industry to discuss the opportunities a cooperation of that kind will provide for Europe. Since digital transformation, climate change and international competition represent major challenges for the EU, Altmaier and Le Maire aim to enhance Europe’s industry to boost competitiveness and innovation. The goal is to establish the new policies without further delay.
Image Source: pixabay | pixabay.com