Valeo CEO backs minimum EU content in cars to aid region's competitiveness

Core Viewpoint - The introduction of minimum European content requirements in cars sold in the EU is essential for maintaining the competitiveness of the region's auto sector amid challenges such as the transition to electric vehicles and competition from China [1][2]. Group 1: European Content Requirements - The European Commission is in discussions with car manufacturers and suppliers to secure the future of the auto sector, focusing on the shift to electric vehicles and tariff uncertainties [1]. - Suppliers are advocating for a minimum content requirement of 80% to enhance European sovereignty and competitiveness, drawing parallels with similar initiatives in the United States and India [2]. - The European Commission plans to gradually implement European content requirements for battery cells and components, although some companies, particularly in Germany, remain opposed to these requirements [3]. Group 2: Industry Perspectives - The VDA car lobby in Germany has expressed concerns that European resilience should not come at the expense of excessive regulations, such as local content requirements [4].