Tesla has withdrawn its application for state funding for its planned battery factory near Berlin, the electric vehicle maker said on Friday, adding that construction plans were unchanged.
has withdrawn its application for state funding for its planned battery factory near Berlin, the electric vehicle maker said on Friday, adding that construction plans were unchanged.and others to support production of electric vehicle batteries and help the bloc to reduce imports from industry leader China. in EU funding for its battery plant in Gruenheide, Brandenburg under the plan, with a final decision likely by the end of the year.The U.S.
"Tesla has informed the Federal Ministry of Economics and the Brandenburg Ministry of Economics... it is withdrawing its IPCEI application for state funding for the battery factory in Grünheide," a Tesla spokesperson said, referring to European subsidies allocated to so-called 'Important Projects of Common European Interest'.
The electric vehicle maker also applied in November 2020 for regional funding from Brandenburg, according to the regional government's website.The amount Tesla applied for is undisclosed, but investments worth over 100 million euros are generally given 6.8% of their value, the website says.
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