EU Boosts Battery Innovation with €852 Million Investment in EV Projects
The European Commission has awarded €852 million in grants to six cutting-edge electric vehicle (EV) battery cell manufacturing projects across Europe. Funded through the EU’s Innovation Fund and backed by revenues from the Emissions Trading System (ETS), this investment marks a major step toward cleaner transport and industrial decarbonisation.
The grants will accelerate the deployment of innovative, sustainable manufacturing technologies, while supporting the EU’s broader climate and industrial goals.
The selected projects are located in France, Germany, Sweden, and Poland, and together will bring an annual production capacity of 56 GWh of EV battery cells—enough to power millions of electric vehicles.
Among the funded initiatives are ACC’s ACCEPT project in France, Cellforce’s CF3_at_Scale in Germany, NOVO Energy’s NOVO One gigafactory in Sweden, and LG Energy Solution’s 46inEU project in Poland. All are expected to begin operations by 2030 and could reduce greenhouse gas emissions by approximately 91 million tonnes of CO₂ over the first decade.
The funding also supports Europe’s goal to reduce import dependency, create high-quality green jobs, and build a resilient, competitive battery industry.
This initiative is part of a broader €3 billion effort to strengthen Europe’s battery value chain and ensure the EU remains at the forefront of sustainable innovation in the global EV race.
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