Luca de Meo believes European automakers are burdened by regulation, whereas Chinese language and American automakers are supported by tax breaks and investments
Europeans are heading to the polls this summer season to elect their representatives within the European Parliament, and Renault CEO Luca de Meo has penned an open letter to the continent. In it, he outlines the challenges the automotive business faces and advocates for the route he believes coverage ought to take.
The seasoned auto government who can also be the president of the European Car Producers’ Affiliation writes that the automotive business is dealing with a novel problem. It should decarbonize whereas additionally adapting to the rise of expertise that’s remodeling automakers into mobility suppliers. suppliers.
De Meo worries that European automotive corporations are significantly deprived on this transition, as China has invested closely in its auto sector, and the U.S. has launched tax benefits for American-made EVs. In the meantime, he claims that European automakers are being stifled by environmental laws.
“The aim of this regulatory burden is to make Europe a champion of environmental safety, within the hope that this can contribute to social progress at a world stage,” de Meo wrote. “The issue is that the opposite buying and selling blocks are gradual to observe go well with, and that is having a adverse influence on the aggressive efficiency of European enterprise.”
Learn: Euro Automakers Unite! Renault Boss Calls For Airbus-like EV Alliance To Combat China
A Six Level Plan
To unravel these points, de Meo has a six level plan. First, he needs the EU to develop an industrial technique for its enterprise sector, with the automotive business at its middle. Second, he needs automakers to fulfill with scientists, unions, and NGOs to develop this technique, which can assist the business in the identical he says China supported its automakers, battery makers, and different linked corporations.
Third, he needs to arrange a brand new physique that basically regulates laws, to gradual the roll-out of latest guidelines dealing with automakers. 4, he needs to extend drivers’ entry to inexperienced vitality, and the fifth level of de Meo’s plan is to develop Europe’s software program experience and its provide of the uncooked supplies that make automobiles.
Lastly, he needs the EU to assist the automotive business with a mannequin that mixes the perfect of the methods used within the U.S. and China. He says that the automotive business shouldn’t be against Europe’s Inexperienced Deal, however needs regulators to take a contemporary take a look at it.
Not Solely EVs, E-Fuels And Hydrogen Too
As well as, de Meo writes that EVs shouldn’t be the one expertise the EU considers inexperienced, and thinks e-fuels and hydrogen could also be necessary sooner or later. He additionally requires the better funding in small, mild, low-cost automobiles, which he says have been regulated out of existence by security and emissions guidelines.
Lastly, he asks that the EU make it simpler for European automakers to work collectively. He calls on the parliament to standardize car to infrastructure expertise. As well as, he needs the elements of software-defined automobiles which can be hidden to clients to be shared amongst automakers. By following China’s lead and creating shared elements banks that can be utilized by any automaker, he says that this collaboration would assist Europe preserve its place on the worldwide scale.
“I imagine that we will obtain our goals via joint efforts and partnerships between the private and non-private sectors,” mentioned de Meo. “With Airbus, now we have already seen what Europe can do. By stepping up cooperative initiatives, we are going to set our business on the highway to revival.”
