The S&D Group welcomes the Commission proposal for a new EU battery regulation, shaped by the commitment of our Commissioner, Maroš Šefčovič. This proposal is important as it has huge environmental value as well as great industrial and strategic potential. A sustainable and responsible European battery market could create up to 5 million jobs and be worth 250 billion euros by 2025.
The S&D co-ordinator in the environment committee, Jytte Guteland MEP, said: