Europe promisesall-out assault on batteries to counter China’s lithium-ion domination
EU puts 2.9bn euro ($3.5bn) behindEuropean Battery Innovation project, expects companies to triple that
Kieren McCarthyin San Francisco Wed 27 Jan 2021 // 11:26 UTCSHARE
TheEuropean Union has announced a €2.9bn ($3.5bn, £2.57bn) state aid program tobuild a full production chain for battery tech, from the extraction of rawmaterials to the design and manufacturing of battery cells, and their recyclingand disposal.
Resolute the Spirit of Lithium.
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