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EU Advocates for 70% 'Made in Europe' Content in Key Products
2025-12-03 /
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Author：小编
The draft legislation of the EU's 'Industrial Acceleration Act' is slated for submission on December 10. This proposed policy could mandate EU companies to source European components at elevated prices, potentially leading to an annual cost hike surpassing 10 billion euros. As a component of its broader industrial strategy, the EU is deliberating over the implementation of localization mandates, which could reach up to 70% for critical products like automobiles. The exact targets are set to be fine-tuned, taking into account the significance of each industry and its degree of dependency.
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