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EU decision clearing Polish aid to LG Chem for EV battery production published by watchdog

( October 24, 2024, 07:43 GMT | Official Statement) -- MLex Summary: The European Commission has published the text of its earlier decision to clear Polish support worth 95 million euros (now about $103 million) to South Korean company LG Chem to expand the capacity of an electric-vehicles battery plant in the southwest of the country. In 2022, the state aid regulator approved the aid following an in-depth probe, finding that the measure wouldn't unduly distort competition. ...

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