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Slowly but surely it begins..............Free Money For Lithium in Europe

Europe to spend billions on lithium-ion battery plants


Cecilia Jamasmie | about 18 hours ago | 0
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The eRuf Model A, an all-electric sports car made by German carmaker Ruf Automobile GmbH. (Image courtesy of Tom Wolf | Flickr.)
One in every twenty Europeans works in the automotive industry and the European Union believes that unless it catches up on battery technology, those jobs are at risk.
That’s why the group is planning to allow state aid for electric battery research and will offer billions to companies willing to build giant plants, it said Monday.
"Public investment in developing the battery industry in the EU is a no-brainer." — European Battery Alliance.
“Batteries will be as essential to the automotive industry of the 21st century as the combustion engine was in the 20th century,” Maros Sefcovic, energy vice president of the European Commission, said commenting on the one-year anniversary of the European Battery Alliance (EBA). “If the EU is to maintain its leadership in the automotive sector, but also in clean energy systems, it has to have independent capacity to develop and produce batteries.”