Industry Leaders to Discuss the Future of Europe's Battery Sector at the II. Hungarian Battery Day
October 11, 2022
Budapest, Hungary

Aretera is proud to support the II. Hungarian Battery Day, a major sectoral conference on EV battery production in Europe to be hosted on 20 October 2022 in Budapest by the Hungarian Battery Alliance. The conference will explore the opportunities and challenges of the fast-developing Hungarian and regional battery industry.

In recent years, the EV battery industry has become a rapidly expanding sector of the Hungarian economy. In the European Union, Hungary has the largest battery production capacity and recent investment announcements show that the importance of the industry will increase even further in the future.

The Hungarian government sees a huge potential in the battery industry – as the flagship of the transition of the automotive sector – and its strategic objective is to keep up with the new industry trends by becoming an important player in the battery production value chain.

Batteries are also in the spotlight as they support the green transition. The development of energy storage solutions can greatly contribute to the sustainable transformation of the transport and energy industry bringing us closer to our climate objectives.

Organized by the Hungarian Battery Alliance (HUBA) and White Paper Consulting, the II. Hungarian Battery Day, which Aretera is delighted to support as an instituitonal partner, will bring together the leaders of major battery stakeholders as well as high-ranking government and European Union decision-makers to discuss the future of energy storage, the innovation potential of the industry, opportunities for Hungarian businesses to be integrated into the value chain, and the future of e-mobility.

As a unique platform, the Hungarian Battery Day aims to support sectoral cooperation by connecting stakeholders and accelerating international cooperation that will be necessary to deliver on our common climate ambitions.

HE Mr Péter Szijjártó, Minister of Foreign Affairs and Trade of Hungary will open the conference and speak about the future of the Hungarian battery industry, its role in driving economic development and growth and the green transition of the Hungarian energy and mobility industries.

Maroš Šefčovič, Vice President of the European Commission and founder of the European Battery Alliance, is also among the speakers who will address Europe’s strategic autonomy in the battery sector in light of the current energy crisis. Thore Sekkenes, Program Director of the European Battery Alliance, will present the recent developments of the European battery value chain, while Cillian O’Donoghue, Policy Director at EURELECTRIC – the sector association representing the common interests of the European electricity industry – will speak about the future of electrification and the role of energy storage in a climate-neutral EU.

The II. Hungarian Battery Day will feature top industry stakeholders including CATL, Samsung, MET Group, MVM Group, MOON (Porsche Holding), BMW Group, Kinstellar, Huawei, Alteo, Metal Shredder and many more, who will discuss the challenges and opportunities of the battery industry and share their insights about future of the sector.

The full agenda of the II. Hungarian Battery Day is accessible here.

Stay tuned for Aretera’s upcoming insight memo about the EV battery sector in the CEE region - coming next week. To access the memo, check back to our LinkedIn page or website in the coming days, or sign up to subscribe here for our regular updates from across the region.