The European Commission tries to ensure that the next generation of vehicles develops and produces in Europe, with the help of its own technology and based on European values.
The European Commission has presented a series of protectionist cutting measures to support the European car industry against the competition of China and the United States. One of the proposals is the flexibility in the mandatory reduction in CO2 and the promotion of innovation and production of vehicles with European technology. The plan tries to ensure that the transition to zero missions in 2035 does not harm local industry, which represents 7 % of the EU BBP.
“Our goal is clear: to ensure that the next generation of vehicles is not only manufactured in Europe, but is also innovated in Europe, is promoted by European technology and is based on European values,” said the European Commissioner for Sustainable Transport and Tourism, Apostols Tzitzikostas, to the “Industrial Action Plan for the Automotive Automobi.”
Brussels diagnoses European companies are lagging the risk of being lagged In important areas such as Batteries, software and autonomous drivingWhile competitors such as China and the US receive state aid. To prevent it, the committee increases Strengthen local production Through incentives and restrictions on foreign investments, the creation of joint companies and technology transfer requires.
To reduce dependence on China, the EU will promote similarities with rich countries Strategic mineralsas the Democratic Republic Congo and Chileand the Mining and refining – Investments In the block. In addition, the requirements are studied for vehicles sold in the EU to contain a high percentage of Components manufactured in Europe.
Brussels will also harden its position against China. After imposing Rates up to 35.3 % to Chinese electric cars In 2023, the Commission will investigate new forms of unfair competition, such as the use of preferential trade agreements to classify foreign products such as Europeans.
With regard to the help of the sector, 3000 million euros will be assigned to the production of Batteries in the EUWith extra 1800 million in the next two years. They will also be invested 1000 million in vehicle software Self -workable and 570 million charging infrastructure. To encourage the demand for electric, stimulation programs are studied at EU level and new standards to promote their purchase in business fleets.
One of the most relevant points is the proposal to make the CO2 reduction objectives more flexible. The new regulations would enable manufacturers to prevent sanctions if they do not meet the 15 % reduction in 2025, provided that they compensate for surplus until 2027. Moreover, Brussels will strengthen the work course with 90 million euros and encourage cooperation between companies to develop European standards and software.
Source: EITB
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
