Bilfinger Tebodin supports e-mobility investments in CEE
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Recently, Bilfinger Tebodin has been awarded 10 contracts for over EUR 7.2 million for projects related to e-mobility in the CEE region, the company told the Budapest Business Journal.
The International Energy Agency predicts that electric vehicles will have a market share of about 30 percent by 2030, which roughly means 34 million e-cars on the roads.
Magda Zemanova, Automotive market leader in CEE at Bilfinger Tebodin, noted, "For Europe, the expected demand of produced EV batteries is 200 GWh annually by 2023, and 500 GWh by 2030. 90% of European EV batteries have been produced in Asia, and now we are glad to support new investors aiming to create self-sufficient local supply chain.’
The EV battery business is not only about the final batteries assembly, but also about raw materials processing and more demanding chemical production of battery components such as cathodes, anodes, electrolytes, and separators. Thanks to new EV battery plants raising up in Europe, the EU expects to have a 16% share of the 2,550 GWh global battery market by 2029 compared to just under 6% of today's 450 GWh, according to a press release sent to the Budapest Business Journal.
The major investments are in Germany, Poland, and Hungary. ‘"We expect impressive announcements for other countries like Serbia or other Eastern countries, being a nice production location for European market and East-European OEMs (original equipment manufacturers). As for Central Europe, we see a bid interest in the Czech Republic as a hub for R&D centers," adds Zemanova.
Having over 60 years of experience in automotive business and a long-term track of chemical projects, Bilfinger Tebodin is now running four projects for automotive and chemical producers involved in the EV battery supply chain. The company's multidisciplinary teams provide both technology and civil parts of a plant design, procurement and construction management, including project planning and cost control.
Due to the growing market demands, battery component producers are under pressure to start up production. Bilfinger Tebodin aims at identifying ways to meet or speed up the crucial deadlines, with professional project managers and cost experts.
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