EU greenlights €1.5B support for ProLogium's EV battery development - Breaking The News
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EU greenlights €1.5B support for ProLogium's EV battery development

Politics
Christian Baha / AY

1 min read

EPA-EFE/OLIVIER HOSLET

The European Commission has given an OK to France's plan to support ProLogium Technologies' research and development of new generation batteries for electric vehicles (EVs) with the sum of up to €1.5 billion.

In a statement, the EC explained that the project will be supported by the end of 2029. As part of the "Prometheus project," the company will be working on creating "'first generation' SSB to overcome the limitations of the current lithium-ion batteries, 'second generation' SSB with enhanced energy density and sustainability" and developing "SSB recycling techniques and recycling strategies for various battery components."

ProLogium has agreed to disclose the "technical know-how gained through the project with industry and academia," EC noted.

batteryeuropean commissionresearch and developmentelectric vehicles
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