End of subsidies to the Chinese. The EU is working on new regulations

Namely, it’s about the origin of these cars. A significant part of them are electric cars from China. This was due to their extremely attractive price, especially taking into account subsidies. However, Poland is not the only one. In other European countries, electric subsidies are also driving the Chinese automotive market. The European Union, however, intends to ensure that local car manufacturers benefit most from future subsidies.

Rejecting some automakers is not an option. However, rules can be set so that producers from other regions do not classify each other. Of course, simply ordering cars to be produced in Europe is not enough. Chinese assembly plants would quickly be established here, where cars would be assembled from ready-made parts produced in the Middle Kingdom.

The solution to this issue is the Industrial Accelerator Act. This is a draft document that will ensure that only products that achieve a specific level of European origin will be considered for grants or public procurement. And so in the case of electric cars, they must be assembled in the EU. However, 70% of the value of their components must come from EU suppliers. The only exception to this rule are batteries, which do not count in these calculations.