Tag: Industrial Accelerator Act
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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EU Fleets Law Could Provide Over Half the EV Sales Carmakers Need in 2030 — New Research
But only if lawmakers increase the proposed fleets targets to require large companies to lead the EV transition. A new EU law to electrify the vehicle fleets of large companies could deliver 57% of the electric vehicle (EV) sales that carmakers need in 2030, new T&E research finds. While carmakers … [continued]
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How Can IAA Bring Local Cleantech Manufacturing?
Using local content criteria in the Industrial Accelerator Act (IAA) as a lever for public support is the only option on the table to build up a resilient and local battery industry across Europe. 1. The urgency & feasibility of Union content criteria for batteries Access to batteries, their components, … [continued]
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