Battery Megafactories Surge in Europe as Region Pushes Green Agenda Can Europe become a leading region for battery manufacturing to supply the growing needs of its EV market? Read on to see what experts had to say. In the past year, Europe took over the top place from China as a growing electric vehicle market, with the outlook for 2021 also looking bright. But if there’s a clear fact is that the EV space will require batteries, and to meet that demand megafactory capacity plans are being put in place at a rapid pace. Here, the Investing News Network (INN) takes a deeper look at how Europe is positioning itself as a leading region for battery manufacturing to supply the growing needs of the electric vehicle sector.