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✉news WorldEU Politics first seen 3 h ago, last 1 h ago, peak #34

EU 'Made in EU' bill threatens Japanese EV makers

Original: Looming 'Made in EU' bill threatens Toyota and other Japanese EV makers

A proposed EU bill would require electric vehicles sold in Europe to meet local-content rules, threatening Japanese automakers such as Toyota. If adopted, the 'Made in EU' legislation could raise costs or restrict market access for Japanese EVs, which rely heavily on parts and batteries made outside the bloc. Japanese industry is watching closely amid wider EU efforts to favor domestic manufacturing.

Why now: New EU localisation rules could disadvantage Japanese electric vehicle makers in a key export market.

ToyotaEuropean UnionJapanNikkei

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