This is a source of great pride for our teams at ACC, who are committed to decarbonising the automotive industry on a daily basis.
And a major milestone for the battery industry in Europe!
 
We are proud to announce that the European Commission has selected ACC's project as part of the Innovation Fund 24 call for projects, alongside five other manufacturers. A total of €852 million will be allocated to support the strategic electric battery sector.

This success is the result of an exceptional collective effort:
-   The ACC teams
-   The French government, in particular the Minister for Industry, Marc Ferracci
-   The European Commission, notably through the Commissioners responsible for the clean transition, Teresa Ribera, industrial strategy, Stéphane Séjourné, and climate, Wopke Hoekstra.

Thanks to this financial support, we will be able to continue our efforts in product innovation and industrialisation processes for high-performance lithium-ion batteries in our two gigafactories in Billy-Berclau-Douvrin (Hauts-de-France) and assert our status as the leading European manufacturer.
 
This support is a strong signal for us and for the European battery industry.
However, it must be accompanied by a clear commitment for the future with production subsidies that will be essential to guarantee the competitiveness of our industry in the face of Asian competition.

We would like to thank everyone who is making this ambition possible. 
Together, we are building an industrial, sovereign and sustainable Europe.