The Germany-based automotive manufacturer, Volkswagen, and Swedish firm, Northvolt, as well as unnamed other companies are collaborating in battery cell research, according to Reuters.
Set to begin at the beginning of 2020, the European Battery Union (EBU) aims to put together know-how on battery cell production, which includes research on raw materials, cell technology and the recycling of used batteries.
Volkswagen commented: “All the partners will step up their investments as a result of the planned additional research activities.”
In order to support a consortium that is producing electric car cells and aims to fund a research facility to develop next-generation solid-state batteries, Germany has set aside $1.14bn.
According to the Economy Ministry, over 30 companies have applied for the programme that supports the development of battery cells.