The European Union has announced a $1 billion grant initiative aimed at strengthening its electric vehicle (EV) battery industry, as part of a broader strategy to reduce dependence on Chinese components and foster domestic production. The funding, which is tied to strict sourcing requirements, seeks to boost the region’s capacity to produce clean energy technologies while ensuring the EU can meet its climate goals independently.
The initiative is central to the EU’s efforts to build a resilient supply chain for clean energy, with a particular focus on EV battery manufacturing. One key aspect of the program is its emphasis on limiting reliance on Chinese-sourced materials, such as cathodes and anodes, and ensuring that any new patents resulting from funded projects are registered within EU member states to protect critical intellectual property.









