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Image header Agence Europe
Europe Daily Bulletin No. 13674
Contents Publication in full By article 24 / 31
NEWS BRIEFS / Climate

Mobilisation of EU Innovation Fund to support six projects to manufacture battery cells for electric vehicles

04/07/2025 (Agence Europe)On Friday 4 July, the European Commission announced the six projects selected for the innovative manufacture of battery cells for electric vehicles, which will receive a total of €852 million in subsidies from the Innovation Fund. The six projects, which are due to start production before 2030, will receive assistance in covering investment and operating costs. The aim is to achieve a combined annual production capacity of around 56 gigawatt hours (GWh) of battery cells for electric vehicles. Over the first ten years of operation, the aim is to reduce greenhouse gas emissions by around 91 million tonnes of CO2 equivalent, said the European Commission in a press release. See selected projects: https://aeur.eu/f/hpy (MB)

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