Mmastodon WorldEU Politics first seen 2 h ago, last 2 h ago, peak #12
EU to demand 70% local sourcing for EV parts, testing Hyundai and Kia
Original: https://www. wacoca.com/news/2944594/ EU、EV部品の域内調達70%を要求へ…Hyundai Motor Group・Kia、現地サプライチェーンが試金石に — BigGo ファイナンス # BYD #
The European Union is reportedly preparing to require that 70% of electric vehicle components be sourced within the bloc, a rule that would hit foreign automakers building cars in Europe. Hyundai Motor Group and Kia, which operate plants in the Czech Republic and Slovakia, are seen as facing a key test of whether they can build local supply chains. The move is part of wider European efforts to protect domestic industry amid competition from Chinese makers such as BYD.
Why now: Reports of new EU local-content requirements for EV parts directly affect Korean automakers' European manufacturing strategies.
European UnionHyundai Motor GroupKiaBYDACEA
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