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Germany to support three battery cell alliances: economy minister

June 18, 2019

Via: Reuters

Among the more than 30 companies that applied for state funding at the German Economy Ministry are carmakers Volkswagen and BMW, as well as German battery maker Varta and Swedish battery manufacturing startup Northvolt.

France and Germany have already asked the European Commission to approve state subsidies for a cross-border battery cell consortium including carmaker PSA, its German subsidiary Opel and French battery maker Saft.

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