CleanTechnica•about 1 month ago
How to Make the Industrial Accelerator Act Deliver for EVs & Batteries
- •Europe is proposing an 'Industrial Accelerator Act' to boost its clean technology sector, specifically EVs and batteries, to counter global competition and reduce dependencies.
- •Based on a T&E position paper, the Act outlines four pillars aimed at accelerating the development and deployment of EV and battery manufacturing capabilities within Europe.
- •This policy initiative is expected to drive increased investment, localize supply chains, and potentially lead to more competitive pricing for EV and battery components in the European market, impacting developers and large industrial consumers.
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