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EU Reportedly Planning to Set 70% 'Made in Europe' Benchmark for Vital Goods
2025-12-03 /
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Author：小编
The European Union is contemplating the establishment of a 'Made in Europe' benchmark, aiming for up to 70% localization in the production of specific critical goods, notably automobiles. This move is intended to prioritize the sourcing of domestically manufactured products and diminish reliance on external nations for clean - technology solutions and certain sectors within heavy industry. Sources privy to the draft legislation, slated for submission on December 10, have indicated that this policy could potentially force EU - based companies to opt for more costly European components. As a consequence, these firms might face annual additional costs in excess of €10 billion.
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