Japan-made EVs at risk of losing EU subsidies under content proposal
Electric vehicles
Japanese officials, automakers like Toyota urge revisions to guard market access
European Union legislation aims to promote decarbonization in the bloc’s industry, partly by adding “Made in Europe” content requirements for subsidy eligibility. © Reuters
TAKASHI TSUJI and TAKAKO FUJIU
BRUSSELS/LONDON — The European Union is considering a policy that would require electric vehicles and hybrids to be assembled within the bloc for them to receive subsidies, drawing resistance from the Japanese government and automakers.
