European Commission to Loan EUR 1.5 Bln to Boost Production of Batteries for Electric Vehicles
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Commission launches €1.5bn call for European battery manufacturing projects
EU Commission launches a €1.5bn funding call under the Battery Booster Facility to strengthen European battery manufacturing. The post Commission launches €1.5bn call for European battery manufacturing projects appeared first on Innovation News Network.
BRUSSELS (EP). The European Commission has opened this Tuesday a call with up to 1.5 billion euros in interest-free loans to support...
The European Commission has opened a call this Tuesday with up to 1.5 billion euros in interest-free loans to support manufacturing projects in [...]
On Tuesday the European Commission opened a call with up to €1.5 billion in interest-free loans to support projects to manufacture battery cells for electric vehicles in the European Economic Area, whose applications can be submitted until 30 September.
The European Commission (EC) has launched a call with up to EUR 1.5 billion in interest-free loans to support battery cell manufacturing projects for electric vehicles in the European Economic Area, the applications of which may be submitted until 30 September. According to the Community Executive, funding, articulated through the Innovation Fund with revenue from the European emissions trading scheme, will cover up to 60% of the eligible costs …
European Commission to Loan EUR 1.5 Bln to Boost Production of Batteries for Electric Vehicles
The European Commission (EC) announced on Tuesday that it is willing to provide interest-free loans totalling EUR 1.5 billion to accelerate the production of batteries for electric vehicles. The funding will be provided from revenue generated by the European Union Emissions Trading System.
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