The Commission’s plan faces multiple hurdles: massive capital needs for megawatt charging hubs and grid upgrades; battery weight and range limits that cut payloads; dependence on scarce raw materials; uneven state-aid capacity among Member States; uncertain resale values without a robust battery-health market; and a looming skills gap as combustion-engine jobs disappear. integrated rail/road/ports-waterways freight transport, with […]
All EU governments risk falling like dominoes within 1 or 2 years. They endorsed Brussels’ plans but are now realizing that the accelerated transition to electric vehicles risks causing millions of job losses, as European car manufacturers face the threat of closure. Massive protests could overwhelm governments and European leadership. Some are already warning of […]
EU is investing over €1.8 billion in 17 large-scale innovative clean-tech projects with a third round of awards under the Innovation Fund. Next projects will be financed in Autumn 2022. Grants will be disbursed from the Innovation Fund to help bring breakthrough technologies to the market in energy-intensive industries, hydrogen, renewable energy, carbon capture and storage infrastructure, and manufacturing of […]
EU decided to lead the global energy transition starting with € 1.1 billion through the EU Innovation Fund. EU confirmed it will heavily fund technologies to facilitate european energy transition and to enable european companies to make global progress. A strategy that will bear fruit by 2030 and will prepare the climate neutrality targets […]
