EU's 'battery passport' policy: Trade barrier or fresh opportunity for Korean players?
The European Union's (EU) battery passport regulation is set to reshape the competitive landscape in Europe’s battery market, potentially giving Korean manufacturers an edge over Chinese rivals with weaker supply-chain transparency, experts and industry officials said Monday. Starting from Feb. 18, 2027, a new EU law will require batteries on the European market to carry detailed digital…
The European Union's new "battery passport" policy is poised to significantly alter the competitive dynamics within the European battery market, potentially granting Korean manufacturers a competitive advantage over their Chinese counterparts who lack robust supply-chain transparency, according to industry experts and officials addressing the issue on Monday.
The regulation, which comes into effect from February 18, 2027, mandates that all batteries sold within the EU must carry comprehensive digital information detailing their identity, technical specifications, performance metrics, longevity, ecological footprint, and recycling protocols. The primary objective of this legislation is to enhance transparency throughout the battery's lifecycle, encompassing manufacturing, usage, repurposing, and recycling processes.
This policy emerges at a pivotal juncture as Korean battery manufacturers are experiencing a sharp decline in their global electric vehicle (EV) battery market share, primarily due to the swift expansion of Chinese manufacturers. Recent statistics from SNE Research indicate that battery utilization for EVs, plug-in hybrid electric vehicles, and hybrid vehicles outside China surged to 269 gigawatt-hours (GWh) during the first half of the year—representing a 26.3 percent increase compared to the previous year.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — it may contain errors, so check the original before relying on it.
