EU Commission Earmarks $4.8 Billion for Clean Tech and EV Batteries ...Middle East

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The European Commission on Tuesday said it is earmarking $4.83 billion (4.6 billion euros) in funds to support net-zero technologies, including electric vehicle battery cell manufacturing. The new Commission, which took office on December 1 for a five-year term until 2029, is now launching two new calls for proposals with a budget of $3.6 billion (3.4 billion euros) to accelerate the deployment of innovative decarbonization technologies in Europe, including electric vehicle batteries. The Commission also plans $1.26 billion (1.2 billion euros)…

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