“The European energy transition policy in the automotive sector is a disaster. Chinese manufacturers have subsidies, Americans have tax incentives… Europeans face fines.”
The president of CIE Automotive, Antón Pradera, stated at an event organized by Deusto Business Alumni and Deloitte in Bilbao that the European energy transition policy in the automotive sector is a disaster. He warned that the sector in the EU is “very, very concerned” because it has stopped being a world champion, and in contrast to China’s subsidies for its industry and the tax incentives for US manufacturers, European…
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