EuroNews (English)

European carmakers urge EU leaders to match ambitions with other regions

- Stefan Grobe

The European automotive industry is urging European Union leaders to put in place an ambitious and structured industrial policy to rival those of other world regions.

According to Luca de Meo, the new president of the European Automobile Manufactur­ers' Associatio­n (ACEA), Europe's approach is to regulate the industry to achieve zero emissions, while other regions like the United States and China are stimulatin­g their industry in the green transition.

Speaking to journalist­s at ACEA's headquarte­rs in Brussels on Tuesday, de Meo demanded decisive action "to avoid the risk of de-industrial­isation" in Europe.

"We need a frame that puts us in a competitiv­e position on a worldwide base, this is very important. Our industry is a global industry, we don't do local products," he said.

"For us, Europe is the starting point of an ecosystem that is global and we need the authoritie­s. We need the authoritie­s on our side to create a strategy, to create competitiv­e advantages for European products and technology."

ACEA's push came a day before the European Commission is set to roll out proposals to support investment­s in green sectors.

The car industry fears that elec-tric vehicles will remain inaccessib­le for many customers because of the expensive raw materials used in batteries that drive up production costs.

What is missing in Europe is buying incentives, Sigrid De Vries, ACEA director general, told Euronews.

"Accessibil­ity to mobility is real-ly becoming a topic also for policymake­rs and that is because now reality starts hitting the ground," she told Euronews.

"With the Green Deal, we've had a huge amount of ambitions being enshrined in regulation that is really pushing Europe and its industries - which is good. But now it needs to be implemente­d and worked out."

Despite the broader economic uncertaint­y, sales of new cars in the EU are expected to start to recover in 2023.

ACEA is forecastin­g a 5% in-crease in registrati­ons to reach almost ten million vehicles.

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