The EU Commission approves a €3 billion scheme under the Spanish "Recovery and Resilience Plan" to support research, development, innovation, environmental protection and energy efficiency in automotive value chain

State aid: Commission approves €3 billion scheme under the Spanish Recovery and Resilience Plan to support research, development, innovation, environmental protection and energy efficiency in automotive value chain* The European Commission has approved, under EU State aid rules, a €3 billion Spanish scheme to support research, development and innovation (RD&I), as well as environmental protection and energy efficiency measures of companies in the value chain for electric and connected vehicles. The measure will help Spain to accelerate the transition towards a more sustainable and connected mobility, without unduly distorting competition. The scheme will be partly funded by the Recovery and Resilience Facility (‘RRF'), following the Commission's positive assessment of the Spanish

Access to this article is restricted to subscribers

Already Subscribed? Sign-in

Access to this article is restricted to subscribers.

Read one article for free

Sign-up to read this article for free and discover our services.

 

PDF Version

Author

Quotation

European Commission, The EU Commission approves a €3 billion scheme under the Spanish "Recovery and Resilience Plan" to support research, development, innovation, environmental protection and energy efficiency in automotive value chain, 9 December 2021, e-Competitions December 2021, Art. N° 104152

Visites 170

All issues

  • Latest News issue 
  • All News issues
  • Latest Special issue 
  • All Special issues