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German MEP says EU must wean itself off China s batteries

Henrike Hahn told New Europe on May 4. On May 5, the European Commission updated the EU Industrial Strategy to ensure that its industrial ambition takes full account of the new circumstances following the COVID-19 crisis and helps to drive the transformation to a more sustainable, digital, resilient and globally competitive economy. The Strategy also shows challenges and dependencies in the area of advanced technologies. It presents the results of six in-depth reviews on raw materials, batteries, active pharmaceutical ingredients, hydrogen, semiconductors and cloud and edge technologies, providing further insights on the origin of strategic dependencies and their impact. Europe imports lithium for electric cars, platinum to produce clean hydrogen, silicon metal for solar panels. 98% of the rare earth elements Europe needs come from a single supplier: China. The import of rare earths from China is probably the most critical issue in this area, because Europe has no mining or process

EU s industry alliances need stricter oversight, say green critics

Ahead of the European Commission’s new industrial strategy proposal, expected on Wednesday (5 May), Friends of the Earth has compiled a report exposing the influence of business associations in shaping policy through industrial alliances. The Commission is expected to announce more industry alliances on Wednesday, including new ones on renewable energy and low-carbon fuels. These alliances, like the Clean Hydrogen Alliance and the Battery Alliance, are set up by the European Commission, and bring together national authorities, regions, industry groups, researchers and other stakeholders to push forward European industry in sectors considered of strategic importance. But while they do include trade unions and NGOs, industry alliances also give businesses a chance to shape European policy to suit their interests, said Myriam Douo, one of the co-authors of the report at Friends of the Earth.

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Bridging the political divides over industrial strategy

Bridging the political divides over industrial strategy Date: 17/03/2021 The upcoming industrial strategy update needs to reconcile political differences over how the EU should approach strategic autonomy and open supply chains, as well as competition and greater state aid. The update must be open about the trade-offs involved, move past false dichotomies, and commit to distributing the associated costs and benefits fairly. The Commission launched its Industrial Strategy on 10 March 2020, one day after Italy went into its first national lockdown.  In the year since, the European economy has been wrecked by COVID-19, and industrial investment has plummeted. Pre-existing structural trends, whether it is digitalisation, growing regional inequalities, climate change, or rising foreign competition, have either continued unabated or have been accelerating. On 27 April, the Commission is expected to update its industrial strategy to respond to these disruptions. 

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