BRUSSELS — The European Commission said in a statement it had approved, under EU State aid rules, 1.5 billion euros ($1.6 billion) worth of French state support for ProLogium Technologies to research and develop a new generation of electric vehicle batteries.
It said that the measure will contribute to the achievement of the strategic objectives of the European Green Deal and the EU battery strategy.
The research is focused on solid-state batteries for electric vehicles. The technology uses solid instead