The European Union is shifting gears to turbocharge its automotive sector amid global tech and climate pressures. On Thursday, the European Commission announced a strategic dialogue with industry leaders to craft an action plan ensuring the sector remains a powerhouse of economic growth .
President Ursula von der Leyen met with auto CEOs and stakeholders to discuss accelerating the transition to clean energy vehicles and updating regulations. “This is a pivotal moment for Europe’s car industry,” she said, highlighting challenges like supply chain shifts and competition from electric vehicle innovators.
Key focuses include:
- Boosting green tech investments (think batteries and charging networks
)
- Streamlining policies to keep pace with innovation
- Balancing job security with eco-goals
While details are still under the hood, the plan signals Europe’s drive to stay ahead in the global auto race – blending sustainability with economic muscle .
Reference(s):
EU announces action plan to address auto industry challenges
cgtn.com