Today, the European Commission announced that six pioneering electric vehicle (EV) battery cell manufacturing projects will receive a total of €852 million in grants from the Innovation Fund, using revenues from the EU Emissions Trading System (EU ETS). These grants follow a first Battery Call under the Fund, launched in December 2024, aimed at accelerating the growth of and investment in the EU's battery manufacturing industry.

With these projects, and in line with the Industrial Action Plan for the European automobile sector and the Clean Industrial Deal, the EU is making concrete progress toward its decarbonisation goals, while boosting industrial competitiveness and creating high-quality jobs across Europe.

The projects support innovation in the production of EV battery cells and the deployment of innovative and sustainable manufacturing techniques, processes, and technologies. The selected projects represent strategic investments that will support Europe's transition to a clean, competitive, and resilient industrial base, reducing at the same time the dependence on imports and fostering the development of clean technologies, and industrial leadership.