Prologium in talks with France to set subsidies for $5.7 billion battery factory

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Prologium in talks with France to set subsidies for $5.7 billion battery factory
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TAIPEI :Taiwan electric vehicle battery maker ProLogium is working with the French government to secure subsidies for a 5.2 billion euro ($5.7 billion) battery factory it is going to build in the north of France, Prologium's CEO said on Friday.Vincent Yang told reporters in Taipei the parties were in the fina

TAIPEI :Taiwan electric vehicle battery maker ProLogium is working with the French government to secure subsidies for a 5.2 billion euro battery factory it is going to build in the north of France, Prologium's CEO said on Friday.

He and the director of the French Office in Taipei, Jean-Francois Casabonne-Masonnave, declined to comment on the size of the subsidy being discussed.

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