Battery Booster Strategy
Summary
Battery Booster plans use Innovation Fund and InvestEU support to reinforce the European battery value chain from raw materials to cell manufacturing. Measures include EUR 1 billion in grants for electric vehicle battery-cell projects, EUR 1.5 billion in interest-free Battery Booster Facility loans, and funding of up to EUR 300 million for critical raw-material projects. It also covers strategic-project calls, investment conditions, supply-chain diversification, EU content requirements and research on battery concepts, materials and manufacturing technologies.
Action items
1–6 of 14 items
Source order · D = digital dimension- Item 1
EUR 1 billion in grants were put forward in December 2024 to support electric vehicle battery cell manufacturing projects via the Innovation Fund. In addition, the Commission is working with the EIB to ensure full use of the EUR 200 million top-up of guarantees for loans under InvestEU from the Innovation Fund.
- Item 2
EUR 1.5 billion from the Innovation Fund for the Battery Booster Facility in the form of interest-free loans, the first instalment of support is aimed at reaching selected companies in 2026
- Item 3
Support from the European Competitiveness Fund under the EU’s next multiannual budget.
- Item 4
Implementing the RESourceEU action plan to accelerate the roll-out of projects along the battery raw materials supply chain.
- Item 5
Funding up to EUR 300 million from the Innovation Fund in critical raw materials projects in the battery value chain.
- Item 6
Launching the second call for strategic projects under the CRMA, deadline 15 January 2026.