News
13 October 2023

€450m for AESC's electric battery gigafactory in Douai

In:
Transport
Region:
Europe

The EIB, with support from InvestEU, is investing €450 million ($474 million) in the construction of Automotive Energy Supply Corporation's (AESC) €1.3 billion electric battery gigafactory project in Douai, France.AESC will start operations at the gigafactory from 2025. EIB’s...

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