Yes the EU battery regulations start in 3 years. So while low standard ESG may be ok for their domestic Asian markets, they will find it increasingly difficult to find a home in the EU. Meanwhile it also opens up that the large investment the EU puts into its battery sector may be returned later with export earnings ( Ex Eu) to other markets.
https://www.euractiv.com/section/batteries/news/eu-aims-to-dethrone-asia-as-worlds-battery-powerhouse/
I’ve posted a few comments in the past re Tesla not wanting to talk about it’s anode CO2 footprint , and now it’s quite clear from them why that is.
Bit of a ‘Hobsons choice’ for them but definitely puts Talga’s near zero CO2 footprint and at large volume project in a better light.
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