EU plans to set local content requirements for electric vehicles and batteries; Chinese companies face investment restrictions | Overseas·Automotive

2026-03-07 09:35:15

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[Caixin] To boost the EU manufacturing sector, the European Commission (referred to as the “EU Commission”) plans to introduce an “EU Manufacturing” requirement for public procurement and projects receiving financial support. Products and technologies related to zero emissions, such as electric vehicles, batteries, and photovoltaics, are within the scope of consideration. On March 4th, local time, the EU Commission released the proposal for the “Industrial Acceleration Act” (referred to as the “Bill”), indicating this information.

For example, in the case of electric vehicles, the condition for applying for EU government subsidies is that the localization rate, excluding batteries, must reach over 70%. The batteries themselves have additional localization requirements, such as achieving localized production of battery management systems within three years after the bill takes effect, and after three years, the production of core components like battery cells must also be localized.

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