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5 hours ago Today, the Commission updates the EU Industrial Strategy to ensure that its industrial ambition takes full account of the new circumstances following the COVID-19 crisis and helps to drive the transformation to a more sustainable, digital, resilient and globally competitive economy. The updated Strategy reaffirms the priorities set out in the March 2020 Communication, published the day before the WHO declared COVID-19 a pandemic, while responding to the lessons learned from the cr...

Italy risks losing Stellantiss third European battery cell plant Italy risks losing Stellantiss third European battery cell plant Lack of funding in the countrys recovery plan could favor Spain Print MILAN -- The Italian government has allocated a very small part of its national recovery plan to battery production for electric vehicles. The decision could endanger the countrys hopes of being a location for Stellantiss third European cell production plant. Italy and Spain were seen as the two ...

European Union unveils plan to cut dependency on China, others SECTIONS Last Updated: May 05, 2021, 04:38 PM IST Share Synopsis The 27-nation bloc outlined the urgency of the task citing Europes reliance on China for about half of 137 products used in sensitive ecosystems, mainly raw materials and pharmaceuticals and other products key to the blocs green and digital goals. AFP The EU measures could include "diversifying supply and demand relying on different trading partners whenever possible. ...

The European Union aims to help industries slash greenhouse gas emissions by promoting a rapid expansion of investment in low-carbon technologies, partly through schemes with easier state aid rules, according to a draft policy plan seen by Reuters. The EU’s target to become climate neutral by 2050, helping curb dangerous global warming, will require a green transition in industrial sectors through a take-up of technologies like renewable hydrogen fuel and energy storage. A draft of the Europe...

Learn about the current state of the electric vehicle industry in Europe, plus carmakers’ plans and the outlook for the region. Last year kicked off a decade where electric vehicles (EVs) are expected to take over the roads, and even though the COVID-19 pandemic has taken center stage, the narrative around the electrification of the world seems to be gathering pace by the day.  In 2020, Europe overtook China as the world’s biggest EV market, with the region aiming to have at least 30 milli...

OEMs, suppliers and EU officials are considering how best to develop Europe’s semiconductor supply bases to mitigate current and future shortages, but the broad gaps at many levels – including for older, larger chips – mean there will be no magic bullet

Ahead of the European Commission’s new industrial strategy proposal, expected on Wednesday (5 May), Friends of the Earth has compiled a report exposing the influence of business associations in shaping policy through industrial alliances. The Commission is expected to announce more industry alliances on Wednesday, including new ones on renewable energy and low-carbon fuels. These alliances, like the Clean Hydrogen Alliance and the Battery Alliance, are set up by the European Commission, and b...

Ford and BMW Are Now Partners in Chasing Solid-State Batteries 3 May 2021, 14:27 UTC · by For car manufacturers who are clearly steering towards an electric future, solid state batteries and the promise of lighter, cheaper and more capable hardware for EVs are the promised land. One that will not be easy to reach, and will require from time to time the most unexpected of partnerships. 1 photo Ford and BMW are two of the companies currently chasing solid-state batteries. Although they do ...

By Foo Yun Chee BRUSSELS (Reuters) - The European Union aims to cut its dependency on Chinese and other foreign suppliers in six strategic areas inclu...

BRUSSELS: The EU aims to cut its dependency on Chinese and other foreign suppliers in six strategic areas including raw materials, pharmaceutical ingredients and semiconductors, under an industrial action plan to be announced next week. A draft seen by Reuters outlined the urgency of the task ahead, citing Europe’s reliance on China for about half of 137 products used in sensitive ecosystems, mainly raw materials and pharmaceuticals and other products key to the bloc’s green and digital go...