News Snapshot:
The EU has announced €4bn (£3.4bn) of state aid investments in new factories producing electric batteries for cars, heat pumps and solar panels as it seeks to accelerate production and the uptake of green technologies and combat cheap Chinese imports. The Swedish battery producer Northvolt will receive €902m in state aid to build a new factory in Heide in Germany, while a wide range of clean tech factories in France are to get a €2.5bn bump in state aid. The investments form part of the EU’s mission to be climate neutral with net zero gas emissions by 2050 but are...
News Timeline:
Track the development of related news across the Internet.
January 14, 2024
04:13
With carmakers in a ‘state of shock’ over Tesla-beating BYD’s prices, EU investigators will visit China’s EV giants as part of an anti-subsidy probe
Source: ca.finance.yahoo.com
December 22, 2023
19:18
Tesla moves forward with a plan to build an energy-storage battery factory in China
Source: cp24.com
