EU earmarks 1.8 billion euros for battery raw materials supply chain
Published by Global Banking & Finance Review®
Posted on March 5, 2025
1 min readLast updated: January 25, 2026
Published by Global Banking & Finance Review®
Posted on March 5, 2025
1 min readLast updated: January 25, 2026
The EU is investing €1.8 billion to secure battery raw materials supply chains, partnering with the European Investment Bank to support the battery manufacturing sector.
(Reuters) - The European Union will make 1.8 billion euros ($1.92 billion)available to help secure supply chains for battery raw materials, the EU Commission said on Wednesday.
The Commission late last year already said it would partner with the European Investment Bank to support investments in the EU's battery manufacturing sector.
($1 = 0.9351 euros)
(Reporting by Bart Meijer)
The EU's investment of €1.8 billion to secure battery raw materials supply chains.
The European Investment Bank is partnering with the EU.
The EU is investing €1.8 billion ($1.92 billion).
Explore more articles in the Headlines category


