France wins battery gigafactory with aggressive lobbying, incentives

President Emmanuel Macron speaks with ProLogium's CEO Vincent Yang — President Emmanuel Macron (right) is pictured with ProLogium's CEO Vincent Yang during meeting in Paris last year. (REUTERS)

R

By:

Reuters

May 12, 2023 08:09 AM

PARIS -- France beat out competition from Germany and the Netherlands for ProLogium's first overseas car battery plant with lobbying from President Emmanuel Macron, deal sweeteners and competitive power prices, executives from the Taiwanese company said.

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