EU establishes Battery Booster facility to catalyze private investment in cell manufacturing
The European Commission has launched a €1.5 billion Battery Booster Facility to support battery manufacturing and strengthen Europe’s EV supply chain
The European Commission has formally established a new Battery Booster Facility to accelerate battery cell production in Europe, backed by up to €1.5 billion from the EU Emissions Trading System (ETS) via the Innovation Fund.
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