EU announces €4bn state aid to back battery and green tech factories
cross-posted from: https://lemmy.world/post/10468036
The EU has announced €4bn (£3.4bn) of state aid investments in new factories producing electric batteries for cars, heat pumps and solar panels as it seeks to accelerate production and the uptake of green technologies and combat cheap Chinese imports.
The Swedish battery producer Northvolt will receive €902m in state aid to build a new factory in Heide in Germany, while a wide range of clean tech factories in France are to get a €2.5bn bump in state aid.
https://www.theguardian.com/business/2024/jan/08/eu-state-aid-battery-green-tech-factories-northvoltOpen linkView original on lemmy.world
1 reply
Already on the technology sub, so maybe many of you heard about it already.