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plenigo joins PSG-backed Billwerk+

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Federal Funding for Tesla Battery Factory at Giga Berlin


Federal Funding for Tesla Battery Factory at Giga Berlin
In Brandenburg, Tesla can rely on the infrastructure that has been created for the carmaker, and that it does not have to pay for itself. The Federal Ministry of Economics wants to promote the production of batteries itself.
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German Federal Minister of Economics Peter Altmaier (CDU) wants to support Tesla s planned battery factory in Grünheide. We are ready to support this investment from the state, as is the case with other companies that invest in this area, Altmaier said on Friday. The factory is classified as an Important Project of Common European Interest, or IPCEI for short. IPCEI projects are financed from a funding pool set up by twelve EU members. They want to spend up to 2.9 billion euros to keep the most important part of the value chain for electric cars in Europe: battery production. On the website of the Ministry of Economic Affairs it says: ....

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