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2021-01-26T14:01:53.844Z
The European Commission on Tuesday approved public aid of 2.9 billion euros from 12 member states, including Germany, France and Italy, for a large European research project on new generation batteries. Europe, which seeks to compete with Asia in this promising market, crucial for the automotive sector, had already approved aid of 3.2 billion at the end of 2019 for another project involving seven
The European Commission on Tuesday approved public aid of 2.9 billion euros from 12 member states, including Germany, France and Italy, for a large European research project on new generation batteries.
Europe, which seeks to compete with Asia in this promising market, crucial for the automotive sector, had already approved aid of 3.2 billion at the end of 2019 for another project involving seven Member States.
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