The success of the new Industrial Strategy will depend on the way it is implemented. Business organisations are calling for a broad, horizontal approach to industrial policy – these are some of the conclusions of the seminar on Industrial Policy that took place on 18 December in Brussels. The participants of the discussion presented their views on a recent proposal by the European Commission on industrial policy.
You are here
With this opinion the EESC welcomes the Commission's proposals in principle as a balanced compromise between the objectives of climate-neutral mobility, the innovation capacity of the European automotive industry and preserving quality jobs. In particular, the EESC considers the planned interim target for 2025 of a 15% reduction in emissions compared to 2021 to be very demanding as the required changes are to be made to combustion engines at the cutting edge of technology. Despite this, the EESC views the market development towards zero-emission vehicles and low-emissions vehicles and hybrids as an opportunity. Furthermore the EESC calls for a mid-term review for 2024 to include the state of play regarding the qualification and (re)training of staff as well as an updated analysis of the areas in which (additional) action is required.
With this opinion, the EESC welcomes the proposal to monitor and disseminate CO2 readings of HDVs newly registered in EU, and provides customers with clear information concerning consumption. A balance should be striked between targets that can be achieved in the short to medium-term and the longer-term goal of zero-emission road transport.
The European car industry employs 2.5 million workers. Together they account for 8% of total value added in industry. Indirectly the sector provides employment for 12 million workers. European exports of cars are twice as big as imports, resulting in a large trade surplus. European assembly plants produce one out of three cars worldwide. The sector is highly innovative as it accounts for 20% of industrial research funding in Europe.