A gap haunts the European economy
Closing the gap on battery coolers
THE GAP BETWEEN EUROPE AND ASIA IN ELECTRIC CARS IS ONE OF THE MAIN CHALLENGES FACED BY THE EUROPEAN MANUFACTURING SECTOR IN GENERAL AND EU-BASED AUTOMOTIVE GLOBAL VALUE CHAINS IN PARTICULAR. THIS IS CRITICAL BECAUSE THE FUTURE OF MOBILITY IN THE CONTEXT OF CLIMATE CHANGE IS AN EMINENTLY ELECTRIC.
This radical challenge entails radical solutions while presenting new business opportunities. Indeed, the batteries and their coolers must be produced in technologically innovative and environmentally sustainable and cost-effective ways.
This is where RAAL’s battery cooler plant and its ecosystem for recycling and green energy production development comes in and RAAL is ready for the world-historical shift on decarbonizing European transportation. The credibility of our ambition is underpinned by the fact that the development strategy of RAAL has been based on continuous investments targeted at scaling up the production of the existing plants and surfing the technological frontier in the emerging electric car segment. To boost the expansion and the technological upgrading in areas connected to concerns with the sustainability of the European vehicle fleet amindst the ongoing climate crisis the company paid no dividends for several years.
After expanding the production of aluminum and metal structure, and the production of heat exchangers for the automotive field in 2015-2016, the focus of RAAL has moved towards further developing the plants for the cooling systems earmarked for dedicated customer lines and battery coolers, a process that took place in 2017-2019.
Boosted by RAAL’s research and development capabilities (the largest among Romanian owned exporters) and our partnership with Swedish innovation hubs, the new RAAL mobility plant fits pressing concerns coming from the level of the EU fonders and the automotive industry itself. When completed, it will contribute to building competitive and green battery value chain within Europe, with Northvolt at its center, and protect well paid jobs in European industries at a time when global competition in EVs is getting more intense.
