The European Commission’s approval of the 2.9 billion euro ($3.5 billion) European Battery Innovation project aims to support the industry during the shift away from fossil fuels. Alongside Tesla and BMW, the 42 firms that have signed up and could receive state aid include Fiat Chrysler Automobiles, Arkema, Borealis, Solvay, Sunlight Systems and Enel X. Read more in the article by Reuters.
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