Global Trade Alert
Global Trade Alert

Spain: Introduction of EUR 837 million state aid scheme to fund electric vehicles battery

Announcement

11 May 2023

In May 2023, the European Commission approved EUR 837 million state aid scheme to fund sectors engaged in activities related to electric vehicles battery. 

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

0 in force

Implementation date

11 May 2023

Revocation date:

No revocation date

Financial grant

On 11 May 2023, the European Commission approved a EUR 550 (USD 600) million financial grant measure from Spain. The aid will support companies operating in the production of lithium alloys, nickel, m...

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State loan

On 11 May 2023, the European Commission approved a EUR 287 (USD 313) million state loan measure from Spain. The aid will support companies operating in the production of lithium alloys, nickel, mangan...

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