EU Announces €1 Billion Grants to Boost EV Battery Production and Reduce Reliance on China 3

EU Announces €1 Billion Grants to Boost EV Battery Production and Reduce Reliance on China

The European Union (EU) has allocated €1 billion in grants to boost electric vehicle (EV) battery cell manufacturing, aiming to strengthen its domestic production capabilities and reduce reliance on Chinese components like cathodes and anodes

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