Europe's Battery Cell Dependence on Asia Risks €10.5 bn Profit Loss, Study Finds

battery cells Europe Asia Deloitte study profit loss

A Deloitte study shows that 77 % of the battery cells used in European electric vehicles were produced in Asia in 2024, up from 70 % the previous year. Europe’s share of global battery‑cell production remains at 13 %, while 98 % of the continent’s production capacity is controlled by Asian companies. Demand for batteries is expected to rise sharply as up to 28 million electric cars could be on European roads by 2030, requiring about 1 950 GWh of battery capacity. Without a boost in domestic cell manufacturing, European manufacturers could lose €10.5 billion in profits over the next four years, and the total foregone value creation could reach €100‑150 billion by 2030. The report calls for targeted investment and incentive programmes to develop local battery‑cell production and reduce reliance on Asian suppliers.

Entities

Asian battery manufacturers · Asian battery producers · Asian battery‑cell producers · Center Automotive Research · Center Automotive Research (CAR) · Deloitte · European Union · European Union · European automobile manufacturers · European automotive manufacturers · Ferdinand Dudenhöffer · Germany

Claims

What the coverage asserts, and how many sources carry each claim.

[● 5 SOURCES] Average discounts on electric vehicles fell to 17.6 % of the list price in July. www.finanznachrichten.de · www.elektroniknet.de · www.n-tv.de
[○ 1 SOURCE] Electric vehicles accounted for 25.6 % of all new car registrations in the region. www.drweb.de
[● 5 SOURCES] Average discounts on combustion‑engine cars were 19.4 % of the list price in July. www.finanznachrichten.de · www.elektroniknet.de · www.n-tv.de
[○ 1 SOURCE] 360,843 battery‑electric new cars were registered in the EU, EFTA states and the United Kingdom in June. www.drweb.de
[○ 1 SOURCE] Germany sold 84,057 electric vehicles in June, a 78.2 % rise and 28.4 % of its new‑car market. www.drweb.de
[● 3 SOURCES] The price gap between the most‑sold electric vehicles and popular combustion models widened to €2,363, up from about €1,000 in December 2025. www.finanznachrichten.de
[○ 1 SOURCE] EU Regulation 2025/1214 sets average CO₂‑fleet targets for 2025‑2027, prompting manufacturers to increase EV sales. www.drweb.de
[○ 1 SOURCE] The June EV registrations represented a 51 % increase compared with June 2025. www.drweb.de
[● 3 SOURCES] 77 % of battery cells used in Europe were produced in Asia in the previous year. www.focus.de · www.berliner-sonntagsblatt.de · www.upday.com
[● 3 SOURCES] Europe produces only 13 % of global battery‑cell output, while 98 % of its production capacity is controlled by Asian firms. www.focus.de · www.berliner-sonntagsblatt.de · www.upday.com
[● 3 SOURCES] European manufacturers could lose €10.5 billion in profits over the next four years without domestic battery production. www.focus.de · www.berliner-sonntagsblatt.de · www.upday.com
[● 5 SOURCES] 77 % of battery cells used in European electric vehicles were produced in Asia in the past year. dokuz8haber.net · www.focus.de · www.berliner-sonntagsblatt.de · www.upday.com · www.op-online.de