EU Proposes 70% Local Content Rule for EV State Support

The European Commission has drafted legislation requiring electric vehicles to be 70% made in the EU to qualify for state support, aiming to protect the bloc's manufacturing industries.

16 Feb, 20:36 — 16 Feb, 20:36

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FT6d ago

EVs must be 70% made in the EU to qualify for state support, Brussels says

Draft legislation on local content by European Commission seeks to protect bloc’s manufacturing industries

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EU Proposes 70% Local Content Rule for EV State Support

Read at source (1 outlet)

EVs must be 70% made in the EU to qualify for state support, Brussels says

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