Type:NewsRegion:EULanguage:EnglishPublished:2025-03-11Last updated:2025-03-11Views:91On March 5, 2025, the European Commission (EC) published an Industrial Action Plan for the European automotive sector. The plan will support the European automotive industry in keeping up with the global competition and shaping the future of the sector. It is a package of financial support, regulatory harmonization, incentives for research and development (R&D), cooperation frameworks with non-EU countries and measures for a resilient EU value chain.The plan proposes actions to tackle the following key aspects:•Boost for autonomous vehicles: the EU is lagging in the autonomous vehicles (AV) and connected vehicles (CV) segment due to a lack of testing facilities and the diverse regulatory frameworks between Contact us for full access