Building a Secure Future for EV Production in Europe
Europe is home to more than one quarter of the global EV production, and with many countries looking to lessen their reliance on China, Europe has the opportunity to establish itself as a frontrunner in the EV race. However, the war in Ukraine, high energy prices and the US’ Inflation Reduction Act are putting European EV production targets at risk. These events are threatening to destabilise the European economy further and are tilting trade and investment away from the EU. How should Governments, OEMs and Tier 1 suppliers work together to keep automotive manufacturers in the EU? Can the European car industry rebound?
This exclusive webinar took place on 31 January 2023 ahead of the Future of the Car Summit taking place in May 2023. This digital discussion aimed to provide OEMs with key tips on securing funding and investment in the EU, as well as a strategy for growing a competitive automotive hub in Europe.
Panel Focus & Key Themes
Cheaper energy prices and tax reduction rates in the US have led to a surge in businesses relocating their production facilities away from Europe. Automakers, gigafactories and EU leaders are grappling with how to keep investment in the EU and create an attractive automotive hub. How can the EU boost annual investments in the coming decade to meet carbon reduction and environmental protection objectives, as well as ensure car manufacturing remains a core part of European industry?
-Can manufacturing in Europe be cost competitive? Are OEMs already experiencing the impact of the US’ Inflation Reduction Act?
-What are the challenges and opportunities of reshoring operations and supply chains?
-What is required to make Europe an attractive destination for automotive investment?
-Will the EU introduce its own protectionist measures and state-funded electric car subsidies? Are these incompatible with state aid rules and the world trade organisation?
Future of the Car 2023
The Future of the Car summit is a must-attend, three day strategy-focussed conference for anyone leading at the juncture of traditional automotive industry practice and technology-driven disruption. It is the only automotive summit to attract the most visionary CEOs and thinkers for an objective analysis of the industry’s toughest challenges.
Contact Us
Speaking Opportunities
Alexandra Brown
alexandra.brown@ft.com
Sponsorship Opportunities
Amy Heap
amy.heap@ft.com
Delegate Services
Alex Predescu
alex.predescu@ft.com
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