On Monday 8 January, the European Commissioner for Competition, Margrethe Vestager, and the German Vice-Chancellor and Minister for the Economy and Climate Action, Robert Habeck, announced that the European Commission had authorised a German measure worth €902 million to support the construction of a battery production plant for electric vehicles by Northvolt in Heide (Germany). The aid will take the form of a direct grant of €700 million and a guarantee of €202 million.
According...