I don't think EU cuts deals with specific companies. What would TMSC expect here? That EU gave them money straight up? I don't know how this would work, but maybe I am missing something.
If anything, EU would create a generic fund to subsidize any such investment coming from any company interested, but at EU level, it would definitely take time.
Or they can talk to individual countries about subsidies, just like they do with the US. Plenty of them can afford it.
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