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Prologium in talks with France to set subsidies for $5.7 bln battery factory

Summary by Ground News
Taiwan electric vehicle battery maker ProLogium is working with the French government to secure subsidies for a 5.2 billion euro ($5.7 billion) battery factory. Prologium's CEO Vincent Yang said the parties were in the final phase of talks and that he expected a joint announcement by the end of this year.

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Channel News Asia broke the news in Singapore on Friday, June 9, 2023.
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