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The money would be channelled mainly through zero-interest loans (Photo: European Commission)

MEPs lambast EUs €1.5bn car-battery plan: 'Nobody trusts this to work'

by Wester van Gaal, Amsterdam,

The European Commission’s attempt to kickstart a homegrown battery industry with a €1.5bn booster plan failed to convince the EU Parliament, with MEPs from across party lines wa...

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The money would be channelled mainly through zero-interest loans (Photo: European Commission)

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Author Bio

Wester is a journalist from the Netherlands with a focus on the green economy. He joined EUobserver in September 2021. Previously he was editor-in-chief of Vice, Motherboard, a science-based website, and climate economy journalist for The Correspondent.

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