The program initially will distribute €20 million to subsidize purchases of alternatively fueled vehicles including electric, plug-in hybrid, hydrogen-fuel-cell, liquid-propane-gas, compressed-natural-gas and liquefied-natural-gas vehicles.
The automaker will help with research at developer Solid Power, which is targeting its solid-state battery technology to be available in EVs in the 2027-2028 timeframe.
A newly created development facility will bring together experts from academia and industry to develop the processes required to manufacture pioneering battery technology at high volume.
Dubbed the EU-LIVE, the 94-in.-long vehicle uses a plug-in hybrid-electric powertrain, two electric in-wheel motors and a gasoline internal-combustion engine.