Global demand for batteries is set to increase 14 fold by 2030 and the EU could account for 17% of that demand. This is mainly driven by the rise of the digital economy, renewable energy and low-carbon mobility. The increase of electric vehicles using batteries will make this market a strategic one at the global level.
Limiting batteries’ carbon footprint
Batteries will have to carry a label that reflects their carbon footprint so that their environmental impact is more transparent. This will be mandatory for electric vehicle batteries (EV), light means of transport batteries (LMT) and rechargeable industrial batteries with a capacity above 2kWh.In addition, it will cover the entire life of the battery and guarantee that new batteries will contain minimum levels of certain raw materials.
In order to tackle human rights abuses and ensure batteries are more ethically sourced, MEPs wanted the EU to introduce a due diligence obligation on battery manufacturers. They will have to comply with requirements addressing social and environmental risks around the sourcing, processing and trading of raw materials and secondary raw materials. All economic operators placing batteries on the EU market, except for small and medium-sized enterprises, will be required to develop and implement this due diligence policy.
Source: European Parliament