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Europe Daily Bulletin No. 13235

25 August 2023
Contents Publication in full By article 18 / 29
ECONOMY - FINANCE - BUSINESS / State aid
European Commission green-lights giving Prometheus €1.5 billion in support to research and develop innovative batteries
Brussels, 24/08/2023 (Agence Europe)

On Thursday, 3 August, the European Commission announced that it had approved a French aid scheme worth €1.5 billion in order to support Prometheus—a research and development project led by ProLogium Technologies that focuses on solid-state batteries (SSBs), a new generation of batteries for electric vehicles. 

According to the European Commission, these batteries are more efficient and safer than conventional lithium-ion batteries.

Within the framework of this project, ProLogium...

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