Germany to Cease Funding New Battery Research Projects Amid Budget Cuts and Economic Challenges

Publicado: Sep 09, 2024 19:49 (GMT+8)

Partilhar

Guardar

Germany to end funding for new battery research projects: the German Federal Ministry of Education and Research (BMBF) has confirmed earlier rumours. From 2025 onwards, the German federal government will no longer fund new battery research projects through the Climate and Transition Fund, but will instead use limited funds to ensure support for existing projects. According to the German federal government's budget plan, research allocations in the field of batteries in 2025 will amount to approximately €118 million, a reduction of approximately 23.9 per cent compared to 2024. These funds will all be used to support existing projects.SMM believes that since the Russia-Ukraine war, affected by high energy prices and the Fed's interest rate hiking cycle, Germany's economic recovery, which is based on industry as a pillar industry, has been weak. The recession in Germany has been more pronounced than in other European countries. The budgetary constraints caused by the fiscal crisis may be an important factor in cutting R&D spending in the battery sector. It is expected that this will have a negative impact on battery technology R&D in Germany and even in Europe.

Declaração sobre a Fonte de Dados: Com exceção das informações publicamente disponíveis, todos os demais dados são processados pela SMM com base em informações publicamente disponíveis, comunicação de mercado e com base no modelo de base de dados interna da SMM. São apenas para referência e não constituem recomendações para a tomada de decisão.

Para quaisquer perguntas ou para obter mais informações, entre em contato: lemonzhao@smm.cn

Para mais informações sobre como aceder aos nossos relatórios de investigação, entre em contato:service.en@smm.cn

Notícias Relacionadas

há 43 minutos

Kangping assina acordo com a Zhongke Liquid Sunshine: lançado projeto integrado eólico-solar-hidrogênio de álcool e óleo verdes no valor de 3,5 bilhões de yuans