Deputy Chief of Mission David Burger s Remarks at SelectUSA Recruitment Event - U S Embassy & Consulate in Greece usembassy.gov - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usembassy.gov Daily Mail and Mail on Sunday newspapers.
The European Union has approved a plan that includes giving state aid to Tesla, BMW and others to support the production of electric vehicle batteries, helping the bloc to cut imports and compete with industry leader China.
The European Union has approved a plan that includes giving state aid to Tesla, BMW and others to support the production of electric vehicle batteries, helping the bloc to cut imports and compete with industry leader China.
EU approves $3 5 billion to boost EV battery production in Europe autoblog.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from autoblog.com Daily Mail and Mail on Sunday newspapers.
27 Jan 2021 / 00:30 H. Vestager speaking at a news conference on the European Battery Innovation project at the European Commission headquarters in Brussels on Tuesday. – POOL/REUTERSPIX
BRUSSELS: The European Union (EU) has approved a plan that includes giving state aid to Tesla, BMW and others to support the production of electric vehicle batteries, helping the bloc to cut imports and compete with industry leader China.
The European Commission s approval of the €2.9 billion (RM12.16 billion) European Battery Innovation project, follows the launch in 2017 of the European Battery Alliance that aims to support the industry during the shift away from fossil fuels. The EU Commission has approved the entire project. The individual funding notices and funding amounts per company will now follow in the next step, a German economy ministry spokeswoman said of the project that is set to run until 2028.