Global Trade Alert
Global Trade Alert

France: Introduction of EUR 659 million grant to support Verkor

Announcement

30 Oct 2023

In October 2023, the European Commission approved a EUR 659 million French financial grant measure to support Verkor's electric vehicle batteries R&D project. 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

30 Oct 2023

Revocation date:

No revocation date

Updated: 30 Oct 2023
Financial grant In force

On 30 October 2023, the European Commission approved a EUR 659 (USD 699) million financial grant measure from France. The aid will support the R&D activities of Verkor for the development of innova...

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