circularity

The European Union plans to significantly increase recycling in the automotive industry through a new End-of-Life Vehicle Regulation. Although the Czech Republic supports the circular economy in general, representatives of the automotive industry and the Ministry of Industry and Trade warn of potential negative impacts. Analyst of EUROPEUM Institute Filip Křenek commented for Euractiv.cz.

Based on research reports in the field of batteries and construction materials, this policy paper summarises strategic steps and recommendations to support the development of the Czech battery industry and to strengthen the use of low-emission materials and circular strategies in the automotive industry. The policy paper by EUROPEUM Institute for European Policy in cooperation with the Institute for Circular Economy (INCIEN) and accompanying studies are a major contribution to the debate on the transformation of the automotive industry, which today faces challenges related to decarbonisation and increasing competition, especially from China.

Electric vehicle battery prices are being dragged down by the falling value of key metals such as lithium and cobalt, but also by cheap Chinese production, which now dominates global markets. At the same time, China dominates the value chain of key materials and is interested in maintaining this dominance, says Filip Křenek, project coordinator and analyst at EUROPEUM Institute, in an interview with Ekonomický deník.

The report "Battery Circularity in the Automotive Industry as an Opportunity for the Czech Republic" addresses key issues in the development of the battery industry in the Czech Republic, with an emphasis on the circular economy, recycling and reuse of batteries. The study, which was produced in cooperation between EUROPEUM think tank and experts in the field of batteries and electromobility, shows that although the Czech market is still lagging behind in the development of battery production and recycling, its potential is huge - from raw material extraction to component production to battery recycling, which would significantly strengthen the resilience and environmental sustainability of the Czech economy.

On Thursday, 17 October 2024, EUROPEUM Institute for European Policy in cooperation with the Institute for Circular Economy INCIEN organized a conference entitled Circularity in the Czech Automotive Industry: opportunities and obstacles, in which the Czech Battery Cluster was a partner. The conference was attended by representatives of the Czech automotive industry, state administration and research organizations. The press release from the conference and presentations of the organizations can be found in the text below.

The automotive industry has long been the driving force of the Czech economy, but is currently facing fierce foreign competition and challenges in the area of decarbonisation and sustainability. Despite its strategic position in the automotive industry, the Czech Republic still lags behind its neighbours in circularity and lacks a long-term strategy for the development of the sector. How can we improve the conditions for the development of circular solutions in the automotive sector and attract key investments of the future to the Czech Republic? Come join the discussion and seek answers to these questions!