Published: October 31st, 2023,
Last updated: May 30th, 2025
The French battery manufacturer Verkor is to receive €659 million in support for a research and development project. The EU Commission has approved a French measure to this effect under EU state aid rules. The money is to go toward researching and developing new processes for manufacturing lithium-ion batteries for electric vehicles. This should cover the project until the end of 2026.