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Global Trade Alert

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Germany: EUR 24.6 million finanical support for electric trucks from Volta Trucks

Description

On 3 April 2023, the German subsidiary company of Swedish-owned Volta Trucks announced receiving a EUR 24.6 million (USD 26.7 million) financial grant from the German Federal Ministry for Digital and ...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

03 Apr 2023

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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