European project in battery value chain press conference at European Commission headquarters in Brussels
epa08966706 European Commissioner for A Europe Fit for the Digital Age Margrethe Vestager speaks during a news conference on European project in battery value chain at the European Commission headquarters in Brussels, Belgium, 26 January 2021. The European Union has approved 2.9 billion euro (3.53 billion US dollar) in subsidies from 12 member countries for a second pan-European project to develop the bloc's electric battery industry and move away from its reliance on Asian imports. EPA/FRANCISCO SECO / POOL