As the EU has set out ambitious objectives for a decarbonised and autonomous economy, the EBRD and EIT InnoEnergy will partner to support this objective. The aim is to create and enable an investment landscape for the EV battery recycling market in Central Europe, with initial focus on Poland. By doing so, both EBRD and EIT InnoEnergy are laying the foundations for the corresponding eco-system and ultimately increase the use of secondary raw materials in battery production.
Both the EBRD and EIT InnoEnergy have extensive experience in the EV battery ecosystem and a strong track record in fostering circular economy business models. In recent years, the EBRD has conducted a number of investments in EV battery manufacturing in Central Europe and built strong networks. EIT InnoEnergy, leader of the European Battery Alliance (EBA250), has supported highly innovative companies operating in cleantech and batteries segments, and established the EBA Academy which will train future workforce for the sector.
The objectives of the assignment include identifying market barriers to the development of EV batteries recycling value chain in Poland by addressing technological and regulatory challenges. This will help identify and establish a suitable marketplace as a platform to facilitate exchanges and partnerships between stakeholders along the EV battery materials recycling value chain, as well as the development of a knowledge hub for learning opportunities, and ultimately support access to finance.
The current accomplishments of EBA Academy platform, led by EIT InnoEnergy, will be key to engage with key stakeholders in the entire battery recycling value chain. The EBA Academy is a pan-European education ecosystem aimed at training, upskilling, and reskilling the workforce needed to grow the EU’s battery industry. Expansion to neighbouring Central and Eastern European countries is expected.