Why is Battery Park worth investing in?
- The value of the European battery market is projected at 250 million euros by 2025
- Climate change and the reduction of the carbon footprint have created a huge demand for sustainable battery recycling technologies
- The EU has set strategic goals to create an innovative, sustainable and competitive battery ecosystem in Europe
- Finland has extensive know-how related to the battery value chain: strong mining and raw-material processing industry and technological competence in the manufacture, use and recycling of batteries
- Finland is aiming at becoming a leading technology and service expert in the global market and at achieving a leading position as an expert in battery recycling
- Ylivieska Battery Park will host and support new promising startups and SMEs in the battery industry. It also provides a unique testing, demonstration and reserach environment together with a strong international network enabling new technological breakthroughs in the industry
- Ylivieska is a suitable location for e.g. a lithium-ion battery recycling plant.
- Excellent logistic connections along Finland’s main railway line, with short connections to e.g. ports in the region in Kokkola and Oulu as well as in Kalajoki. Airports are also relatively near and the area has good road transport connections to all directions
- Proximity to strong chemical and metal industry clusters in Kokkola
- Johnson Matthey and Freyr li-ion battery precursor plants producing components for the battery industry are located nearby in Vaasa. There are 50+ partner companies and R&D organizations in Batterypark partner network
- The region’s strong mining industry and related development projects support the emergence of a battery ecosystem in the area
Finnish Business Environment Assets
- Highly educated and multilingual workforce
- Free market economy
- Transparent government, political stability
- Most stable country in the world
- Vibrant and innovative start up scene
- Advanced transport and logistics
- Reliable infrastructure
- Open and green society
- A safe and family-friendly society offering many types of support and services for families with children
- Finland is among the best of the world in many fields
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