Original disclosure @ EIB website
Updated in EWS Jun 6, 2022
Disclosed by Bank May 4, 2022
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According to the bank website, the project consists of financing of the design, construction and implementation of a demonstration manufacturing line for the production of advanced Li-ion battery cells supplying qualification samples for the automotive sector and small-scale commercial orders for electric vehicles.
The demonstration project aims at the creation of a cost competitive innovative cell and battery production industry in Europe and contributes to the security of supply in critical components (batteries) to the EU industry.
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