BRUSSELS — The European Fee mentioned in a press release it had accredited, underneath EU State support guidelines, 1.5 billion euros ($1.6 billion) price of French state help for ProLogium Applied sciences to analysis and develop a brand new era of electrical automobile batteries.
It mentioned that the measure will contribute to the achievement of the strategic goals of the European Inexperienced Deal and the EU battery technique.
The analysis is concentrated on solid-state batteries for electrical automobiles. The expertise makes use of stable as an alternative of liquid electrolyte to develop batteries which have the next vitality density and are safer for customers than standard lithium-ion batteries.
ProLogium, based in 2006, is considered one of a handful of firms touting superior solid-state battery expertise. It has an settlement to develop solid-state batteries with Automotive Cells Co., which is a enterprise between Mercedes-Benz, Stellantis and TotalEnergies.
Beneath the measure, the help will take the type of a direct grant of as much as 1.5 billion euros that can cowl the R&D challenge till the tip of 2029.
ProLogium will construct a battery gigafactory in France’s northern area across the port of Dunkirk.