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EC clears EUR-2.9bn French tax credit scheme for green industries

The European Commission (EC) on Monday approved, under state aid rules, a EUR-2.9-billion (USD 3.17bn) French tax credit scheme to support the production of solar panels, batteries, wind turbines and heat pumps, as well as associated key components and critical raw materials.

read more... 10/01/2024

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EV charging growth plans slowed by EU's power grid problems

Electric vehicle drivers hoping to top up their batteries at one of Repsol's (REP.MC) 1,600 Spanish charging stations might well be disappointed, with nearly half lying dormant because they have no power connection.

read more... 04/12/2023

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UK allocates £2bn for zero emission vehicle supply chain

The UK Government has unveiled its Battery Strategy, a pivotal roadmap to enhance domestic supply chains for electric vehicles (EVs) and diminish reliance on Chinese-made batteries.

read more... 27/11/2023

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EU may become as hooked on China batteries as it was on Russian energy

The European Union could become as dependent on China for lithium-ion batteries and fuel cells by 2030 as it was on Russia for energy before the war in Ukraine unless it takes strong measures, a paper prepared for EU leaders said.

read more... 18/09/2023

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EU greenlights France’s €1.5bn aid to support innovative EV batteries

The European Commission has given the green light for France to provide €1.5 billion (£1.3bn) of state aid to support research and development of innovative batteries for electric vehicles (EVs).

read more... 09/08/2023

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