Energy & Green Tech

EU approves more state aid to boost car batteries industry

The European Union has approved 2.9 billion euros in subsidies from 12 member countries for a second pan-European project to develop the electric battery industry and move away from its reliance on Asian imports.

Energy & Green Tech

New Tesla battery poised to reshape auto economics

Tesla will introduce a new battery later this year that promises longer performance and lower cost that will position the auto manufacturer to bring vehicle prices in line with gasoline-powered competitors.

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