Close Menu
    Latest Category
    • Finance
    • Tech
    • EU Law
    • Energy
    • About
    • Contact
    EUbusiness.com | EU news, business and politicsEUbusiness.com | EU news, business and politics
    Login
    • EU News
    • Focus
    • Guides
    • Press
    • Jobs
    • Events
    • Directory
    EUbusiness.com | EU news, business and politicsEUbusiness.com | EU news, business and politics
    Home » EU greenlights EUR 3.2 billion battery research project

    EU greenlights EUR 3.2 billion battery research project

    npsnps11 December 2019Updated:25 June 2024 Research & Technology
    — Filed under: Competition Energy EU News Headline1
    Share
    Facebook Twitter LinkedIn Pinterest Email
    EU greenlights EUR 3.2 billion battery research project

    Margrethe Vestager – Photo © European Union

    (BRUSSELS) – The European Commission approved Monday under EU state aid rules a ‘Common European interest’ project jointly notified by seven EU Member States to support research and innovation in batteries.

    The project approved by the Commission is an Important Project of Common European interest (“IPCEI”) jointly notified by Belgium, Finland, France, Germany, Italy, Poland and Sweden to support research and innovation in the common European priority area of batteries.

    The project supports the development of highly innovative and sustainable technologies for lithium-ion batteries (liquid electrolyte and solid state) that last longer, have shorter charging times, are safer and more environmentally friendly than those currently available. The project involves ambitious and risky research and development activities to deliver beyond the state-of-the-art innovation across the batteries value chain, from mining and processing the raw materials, production of advanced chemical materials, the design of battery cells and modules and their integration into smart systems, to the recycling and repurposing of used batteries.

    The seven Member States will provide in the coming years up to approximately EUR 3.2 billion in funding for this project, which is expected to unlock an additional €5 billion in private investments. The completion of the overall project is planned for 2031 (with differing timelines for each sub-project).

    “Battery production in Europe is of strategic interest for our economy and society because of its potential in terms of clean mobility and energy, job creation, sustainability and competitiveness,” said the Competition Commissioner Margrethe Vestager: “Our Important Projects of Common European Interest smooth the way for public authorities and industries from several Member States to come together and design ambitious innovation projects with positive spill-over effects across industrial sectors and regions. The approved aid will ensure that this important project can go ahead without unduly distorting competition.”

    The project will involve 17 direct participants, mostly industrial actors, including small and medium-sized enterprises (SMEs), some of which with activities in more than one Member State. The direct participants will closely cooperate with each other and with over 70 external partners, such as SMEs and public research organisations across Europe.

    Following intensive technical discussions between the Commission and the relevant actors over a period of 3 months, the project was formally notified to the Commission for approval under EU State aid rules in October 2019. After notification, the Commission finalised its assessment and took its decision swiftly to ensure the fast and smooth implementation of the project.

    The non-confidential version of the decision will be made available under the case numbers SA.54793 (Belgium), SA.54801 (Germany), SA.54794 (France), SA.54806 (Italy), SA.54808 (Poland), SA.54796 (Sweden) and SA.54809 (Finland) in the State Aid Register on the competition website once any confidentiality issues have been resolved.

    Add A Comment
    Leave A Reply Cancel Reply

    You must be logged in to post a comment.

    nps
    • Website

    Related Content

    EUSPA logo

    Corporate Services Contracts Officer, European Union Agency for the Space Programme, EUSPA

    Wetlands Kalenberg, Netherlands - Photo by Elly Kelders on Unsplash

    EUR 103m EU funding for strategic environment and climate projects

    Parmelin - von der Leyen - Photo by Dati Bendo © European Union 2026

    EU and Switzerland strengthen ties with package of agreements

    Small businesses - Photo by Fox on Pexels

    Navigating the European Union’s Strategy for Startup and Scaleup Businesses: Guide for Entrepreneurs

    Lithium producing plant - Photo by Glenn Arcos © European Union 2023

    Strategic EU projects on critical raw materials gain momentum

    EUSPA logo

    Senior Legal and Procurement Officer, European Union Agency for the Space Programme, EUSPA

    LATEST EU NEWS
    Mercosur signing - Maros Sefcovic - Photo © European Union 2026

    EU-Mercosur interim trade deal to enter into provisional application

    30 April 2026
    Pet dog at vet - Image by Tima Miroshnichenko on Pexels

    Green light for first EU rules to protect cats and dogs

    28 April 2026
    Rice sacks trade - Image by Thilina Alagiyawanna on Pexels

    Renewed EU trade instrument for development set for 2027

    28 April 2026
    Artificial intelligence - Image by Kohji Asakawa from Pixabay

    Brussels consults on Google measures to give Android users choice on AI services

    28 April 2026
    Car crash - Image by Rico Lob from Pixabay

    Road fatalities in the EU down 2.2 pct in 2024

    27 April 2026

    Subscribe to EUbusiness Week

    Get the latest EU news

    CONTACT INFO

    • EUbusiness, 117 High Street, Chesham Buckinghamshire, HP5 1DE, United Kingdom
    • +44(0)20 8058 8232
    • service@eubusiness.com

    INFORMATION

    • About Us
    • Advertising
    • Contact Info

    Services

    • Cookie Policy
    • Terms
    • Disclaimer

    SOCIAL MEDIA

    Facebook
    eubusiness.com © EUbusiness Ltd 2026

    Type above and press Enter to search. Press Esc to cancel.

    Manage Consent
    To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
    Functional Always active
    The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
    Preferences
    The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
    Statistics
    The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
    Marketing
    The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
    • Manage options
    • Manage services
    • Manage {vendor_count} vendors
    • Read more about these purposes
    View preferences
    • {title}
    • {title}
    • {title}

    Sign In or Register

    Welcome Back!

    Login to your account below.

    Lost password?