EU: European Commission publishes political priorities with its "Competitiveness Compass"

On January 29, 2025, the European Commission (EC) released its Competitiveness Compass, a major initiative for all areas where the EC intends to propose regulation in the next five years, the timeline of its mandate.

Flagship Actions of Pillar 2 include the priorities for transport. The EC mentions the launch of the strategic dialogue with the automotive sector earlier this year to address the current challenges and design concrete strategies and solutions to ensure the future of this industry. According to the EC, the CO2 standards provide long-term certainty to channel the necessary investments without lowering the overall 2025 targets. They also mention that reaching the 2035 climate neutrality target fo