Published 3 years ago

EU green light for $3.5 billion pan-European battery project

Summary by Reuters

BRUSSELS - EU competition regulators on Tuesday approved a 2.9-billion-euro ($3.5 billion) battery project funded by Germany, France, Italy and nine other EU countries, responding to the growing demand for car and industrial batteries in the 27-country bloc. Members of the scheme called European Battery Innovation include Austria, Belgium, Croatia, Finland, Greece,

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Reuters

EU green light for $3.5 billion pan-European battery project

By Foo Yun Chee BRUSSELS - EU competition regulators on Tuesday approved a 2.9-billion-euro ($3.5 billion) battery project funded by Germany, France, Italy and nine other EU countries, responding to the growing demand for car and industrial batteries in the 27-country bloc. Members of the scheme called European Battery Innovation include Austria, Belgium, Croatia, Finland, Greece,

3 years ago·United Kingdom

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Associated Press News

EU approves more state aid to boost car batteries industry

BRUSSELS (AP) — The European Union has approved 2.9 billion euros in subsidies from 12 member countries for a second pan-European project to develop the electric battery industry and move away...

3 years ago·United States

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abc News

EU approves more state aid to boost car batteries industry

The European Union has approved 2.9 billion euros in subsidies from 12 member countries to develop a project aiming at developing the electric battery industry

3 years ago·United States

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The Star Kuala Lumpur

EU approves 2.9-bln-euro aid for e-car battery industry

BRUSSELS, Jan. 26 (Xinhua) -- The European Union (EU) on Tuesday approved 2.9 billion euros (3.5 billion U.S. dollars) in subsidies from 12 member states to develop the electric vehicle battery industry. Read full story

3 years ago·Malaysia

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Washington Times

EU approves more state aid to boost car batteries industry

BRUSSELS (AP) - The European Union has approved 2.9 billion euros in subsidies from 12 member countries for a second pan-European project to develop the electric battery industry and move away from its reliance on Asian imports.The EU's executive commission had already cleared a 3.2 billion-euro plan subsidized by ...

3 years ago·United States

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Financial Post

Tesla, BMW Approved for Slice of $3.5 Billion Battery Aid by EU

(Bloomberg) -- The European Union paved the way for companies including Tesla Inc. and BMW AG to get about 2.9 billion euros ($3.5 billion) of state aid for battery projects that will strengthen the bloc's position in the race to produce more electric vehicles. Read More

3 years ago·Canada

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