In the midst of an offensive by cheap Chinese electric vehicles, Renault, Volkswagen and Stellantis demand in Brussels a label called "Made in Europe" with climate benefits and subsidies, which would favour EU factories and send the bill back to Asian competitors as well as allies in the United Kingdom and Japan.
The three houses ask Brussels for simple rules and strong measures. The proposal sent to the MEPs: 70% of the machines sold in Europe with 70% of content made in the 27 countries. The three groups: "We can remain a global automotive power"
In the midst of an offensive by cheap Chinese electric vehicles, Renault, Volkswagen and Stellantis demand in Brussels a label called "Made in Europe" with climate benefits and subsidies, which would favour EU factories and send the bill back to Asian competitors as well as allies in the United Kingdom and Japan.