EU Boosts 'Made in Europe' Rule to Strengthen Green Tech Industry

The EU aims to enforce 'made in Europe' mandates on public purchases of green technologies to reduce dependence on Chinese imports and support local industry. The proposal includes new rules for sourcing battery, solar, and wind energy components, as well as electric vehicles, to bolster European manufacturing.

The European Union is setting its sights on revitalizing its industrial sector by mandating 'made in Europe' requirements for government procurement in the green technology space. This move comes as a direct challenge to Chinese imports and aims to bolster local industry.

According to a draft proposal by the European Commission, new sourcing rules will target key green technologies such as batteries, solar energy, and electric vehicles. The EU seeks to establish its industry as a leader, ensuring climate transition fuels prosperity and not de-industrialization.

However, the ambitious proposal has sparked debate among EU governments. While France supports it, Sweden and the Czech Republic warn that these rules may increase tender prices and dampen competitiveness. The proposal is yet to be negotiated with the European Parliament.