Global Trade Alert
Global Trade Alert

Germany: EUR 902 million in state aid to Northvolt to support gigafactory in Northern Germany

Announcement

12 May 2023

In January 2024, the European Commission approved a German state aid measure to support the construction of a gigafactory for battery cells in Heide by Swedish battery developer and manufacturer Northvolt. 

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

2 in force

Implementation date

08 Jan 2024

Revocation date:

No revocation date

Financial grant In force

On 8 January 2024, the European Commission approved a German state aid measure to support the construction of a gigafactory for battery cells in Heide by Swedish battery developer and manufacturer Nor...

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Loan guarantee In force

On 8 January 2024, the European Commission approved a German state aid measure to support the construction of a gigafactory for battery cells in Heide by Swedish battery developer and manufacturer Nor...

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