Day: May 29, 2020

France deploys $8.8 billion to rescue ailing car industry

In addition to Europe’s recent historic pledge for green recovery, France has announced their commitments to dominate Europe’s EV sector. “Starting next week, consumers can get up to 12,000 euros from the government for buying an electric car” under new plan unveiled by the French President. To read the full article, click here

The EU is launching the world’s greenest coronavirus recovery plan

Positive news for the lithium ion battery sector as Europe accelerates the sector’s growth with “a new proposal to pour hundreds of billions of euros into new renewable energy, clean transportation, building renovation, and other programs designed to help Europe shrink its carbon footprint.” To read the full article, click here

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