www.bloomberg.com
France is pushing the EU to mandate local assembly of electric vehicles to bolster its domestic auto industry amidst ongoing discussions about stricter CO2 emission standards. This request comes as the EU reviews its fleet emission regulations, with member states presenting varying proposals. France aims to ensure European car manufacturers benefit from the growing EV market and maintain competitiveness against global players, potentially setting a precedent for future EU industrial policy focused on localized production. The move reflects a desire to safeguard jobs and promote economic growth within the region.
