Protecting European Auto (& Battery) Jobs — Finally EU Priority

Lawmakers are right to ensure electric cars are made in the EU — and not only by European companies 2023 saw a turbulent start for the electric vehicle industry across Europe. The continent’s flagship 2035 cars law, which sets the entire automotive transformation into gear, was being held hostage by the German Liberals and their oil friends’ demands for credits for synthetic fuels. Elsewhere the US Inflation Reduction Act (IRA) and its generous subsidies were causing an exodus from Europe’s nascent battery industry, with local champions such as Northvolt prioritising the US market . To add fuel to the fire, the sales of Chinese…