German government plans to invest USD568 million to support battery cell production
Investment will go towards the entire value chain, including materials research, the conception of cells and processes as well as production
The German government is set to invest EUR500 million (USD568 million) to support battery cell production in the country over the next four years, Germany’s Federal Ministry of Education and Research (BMBF) announced in a press release on 23 January.
Thank you for visiting S&P Global AutoTechInsight.
*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.
To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.
Already a subscriber? Please log in here
