CLEPA Updates EC Industry Strategy | Automotive Industry News

CLEPA, the European Association of Automotive Suppliers, announces the latest industrial strategy of the European Commission (EC) and a detailed review to strengthen supply chain resilience in key areas including raw materials and semiconductor technology. Welcomed.

The organization claims that European car suppliers will be key partners in achieving climate neutrality by 2050, protecting jobs and taking advantage of digital migration opportunities. According to CLEPA, the EU’s new industrial strategy may provide favorable framework conditions for private investment, allowing companies to procure as needed while maintaining the benefits of global supply chains and market access. Diversify and enable you to deal with “undesirable independence”.

CLEPA is a public investment in infrastructure and a private investment in key technologies needed to enable green and digital transitions, although the framework for critical projects of common interest is not yet commercially viable. Can be co-financed and accelerated. Nonetheless, private investment plays a leading role, and the over-restricted definition of green taxonomy and regulatory standards with limited technology openness makes it difficult for auto suppliers to achieve a green transition. There is likely to be.

“The European Commission has identified the vehicle as one of the 14 important ecosystems for Europe’s economic and industrial structure,” said CLEPA Executive Director Sigrid de Vries. “Automobiles are particularly relevant to other industries in Europe. Automakers employ 1.7 million people directly, in addition to the 1.2 million people employed by automakers, in sectors such as steel and chemicals. Creating significant jobs further downstream of the supply chain, and capital goods.

“The automotive sector can play an important role in the ongoing development of the neighboring European electronics ecosystem. Under the right conditions, the automotive industry alone, automotive electronic components and software. We estimate that we can create 400,000 European jobs related to components.

“Innovations that optimize advanced driver assistance systems and powertrains increase the value share of electronic and semiconductor systems to 35% of vehicle costs, and continuous development of autonomous driving technology and electrification to 50%. There is likely to be.

“The current shortage of semiconductor chips not only reveals supply chain vulnerabilities, but also provides new policy opportunities to stimulate the growth of neighboring sectors such as the semiconductor industry, based on the global leadership of the EU’s automotive sector. The automotive industry is responsible. 37% of the demand for semiconductors in Europe is my goal to achieve the EU’s goal of producing up to 20% of all state-of-the-art semiconductors by 2030. We emphasize the importance of our sector. ”

In this regard, the EC identified the connected self-driving car (CAV) earlier this year as a cluster with great potential for the EU economy. The European supply industry holds approximately 60% of the world’s patents on autonomous driving, and an estimated 70% of CAV innovation comes from European suppliers.

CLEPA adds an accommodative policy framework that enables the industry to expand its leadership in CAV technology. This will increase demand for more sophisticated semiconductor chips and make the EU more attractive as an investment destination for semiconductor production capacity. Funding for research and innovation and other forms of public investment can help CAV technology leap from laboratories to the market.

Therefore, if possible, the European Commission should reassess whether the committed budget for projects such as co-operatives, connectivity and automated mobility (CCAM) partnerships is sufficiently ambitious. ..

Successful industrial strategies will depend on the long game of supporting R & I investment, researching artificial intelligence, skills, strong research to develop talent and standardizing and improving Europe’s role in the education ecosystem, the association said. say. In addition, it is “very important” for suppliers to maintain access to the market, enable the production of innovative new technologies on a global scale, and remain open to foreign direct investment.

“If the right conditions are provided, the automotive sector has the potential to become a global leader in sustainable and secure mobility solutions, but it will act as an important bridgehead for Europe’s broader industrial base and be more sustainable. , A digital, resilient and globally competitive economy. “

CLEPA Updates EC Industry Strategy | Automotive Industry News

Source link CLEPA Updates EC Industry Strategy | Automotive Industry News

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