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Germany could back three battery cells consortia, says minister

Fri, 06/28/2019 - 12:19 -- John Shepherd
Germany could back three battery cells consortia, says minister

Germany could help finance three separate corporate alliances for the domestic production of battery cells for Europe’s growing electric vehicle market, according to the country’s economy minister.

Peter Altmaier (pictured) told Reuters: “We’ve now reached a point where we can say that there is likely to be not only one battery cell consortium, but probably three.”

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