The forthcoming introduction of the European Union (EU) Battery Passport could result in a 2-10% reduction in procurement costs, according to the consortium tasked with its implementation.

Guidance on the EU Battery Passport has been released by consortium tasked with supporting flagship sustainability and transparency effort.

Emad Zand, president of Northvolt Systems, on factors impacting the growth of a European battery storage industry.

Li-Cycle has seen its revenues rise although the cost of expansion to meet expected future demand remains high.