Battery Booster Facility unlocks €1.5bn for European power-cell manufacture
( June 10, 2026, 12:57 GMT | Official Statement) -- MLex Summary: Battery cell manufacturers in Europe will gain access to €1.5 billion in interest-free loans, under the European Commission's new Battery Booster Facility. The program will provide up to €500 million per project for facilities with at least 10 gigawatt-hour of production capacity in the European Economic Area, which includes the EU as well as Norway, Iceland and Liechtenstein. The first payments are expected before the end of 2026.Press release follows....
Prepare for tomorrow’s regulatory change, today
MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.
Know what others in the room don’t, with features including:
- Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
- Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
- Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
- Curated case files bringing together news, analysis and source documents in a single timeline
Experience MLex today with a 14-day free trial.