Mon. Oct 7th, 2024

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LATEST NEWS

Semiconductor innovation ecosystem: EU Chips Joint Undertaking invests €325m

The EU Chips Joint Undertaking (Chips JU) has announced new calls to support semiconductor research and innovation initiatives in photonics, competence centres, and a cloud-based semiconductor design platform as part of the Chips for Europe initiative under the Chips Act. The total EU funding available for these calls is €325 million, which should be topped up by additional financing from participating states of the Chips JU.

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Battery-electric vehicles from China: EU Commission imposes provisional countervailing duties

Nine months after the initiation of its anti-subsidy investigation, the EU Commission has imposed provisional countervailing duties on imports of battery electric vehicles (BEVs) from China. Based on the investigation, the Commission has concluded that the BEV value chain in China benefits from unfair subsidisation, which is causing a threat of economic injury to EU BEV producers.

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