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

    AI artificial intelligence chatbot - Image by Tim Witzdam from Pexels

    42 per cent of smaller European companies use AI

    ESO logo

    Head of Contracts and Procurement, European Southern Observatory, ESO

    High tech - Image by Ludovic Delot on Pexels

    EU shows high-tech trade surplus of EUR 32.4 billion in 2025

    Ekaterina Zaharieva with Elín Zoë Noseda - Photo Bogdan Hoyaux © European Union 2026

    EU funds 700 researchers with €210m to build their careers in Europe

    Nature research - Photo RDNE Stock project on Pexels

    EUR 500m extra EU funding for Horizon Europe research programme

    Ekaterina Zaharieva © European Union 2026

    Brussels looks to boost innovation in Europe

    LATEST EU NEWS
    New European Bauhaus - La Marjal Floodable Urban Park. Alicante

    EU awards 2026 New European Bauhaus prizes for sustainable and inclusive projects

    16 October 2026
    European Central Bank governing council meeting - Photo © European Central Bank 2026

    ECB faces tough decision in October as equities begin to wilt under high interest rates

    15 October 2026
    E-waste - Image by Thomas from Pixabay

    12.3 kg of e-waste per person collected in EU

    14 October 2026
    Military helicopter - Photo by Dominik Gryzbon on Pexels

    EU disburses €2.86 bn to Ukraine for drones, missiles and urgent battlefield needs

    14 October 2026
    AI artificial intelligence chatbot - Image by Tim Witzdam from Pexels

    42 per cent of smaller European companies use AI

    14 October 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}
    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?