Tag: IAA
How the Industrial Accelerator Act Can Help Avoid More Battery Factories Going Bust
The new law should have a laser sharp focus on what needs to be onshored and localised. By Julia Poliscanova and Diane Strauss Another one bites the dust. Morrow Batteries is the latest in the sad saga of EU battery start-ups that have gone bankrupt. The company was burning through … [continued]
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High Stakes: How Much EV Investment Is At Risk Across Europe
A new study examines the ‘industrial opportunity cost’ of proposals to weaken EU car CO2 targets. Spurred by the growing electric car market, much investment into EV production, batteries and components has been announced. But this is now at risk as the EU debates its car CO2 rules that will define … [continued]
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IAA Will Ensure Most EVs Sold in Europe Will Have Batteries Made in the EU, but Loopholes Threaten Its Impact
T&E’s reaction to the proposed Industrial Accelerator Act. Local content rules are a positive step for Europe’s battery industry as corporate cars will be required to have local batteries. But extending EV purchase subsidies to all FTA countries and requiring non-strategic components to be local, undermines its effectiveness. From 2027, … [continued]
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Carmaker League Table Shows EV Supply Chains Are Becoming Even Cleaner — Thanks To Strong EU Rules
Electric cars already have no tailpipe emissions, but even cleaner EVs — built with low-carbon steel, aluminium and batteries, and in a way that minimises harm to people, communities and the environment — are now within reach, according to a new ranking of the world’s largest carmakers. Crucially, this progress … [continued]
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The Falling Cost Gap Between EU & Chinese Batteries
New analysis shows why made-in-EU requirements are a sovereignty premium worth paying. As the European Union is debating whether to set “Made-in-EU” criteria for public funding in the Industrial Accelerator Act, new analysis shows how scale will reduce the current cost advantage of Asian battery makers. Only with Made-in-EU criteria … [continued]
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