Core Insights - The cost gap between EU-made batteries and those from China could decrease from 90% to around 30% with increased production in Europe, according to T&E [1] - The EU is set to propose the "Industrial Accelerator Act," which prioritizes locally manufactured products in key strategic sectors, including batteries and electric vehicles [2] - T&E's report indicates that improved manufacturing efficiency could reduce the cost gap to $14 per kilowatt-hour by 2030, translating to a potential savings of 500 euros ($590) for an average electric vehicle [3] Group 1 - The need for a domestic battery industry in Europe is emphasized as a safeguard against supply chain vulnerabilities, with local content requirements seen as essential to avoid issues similar to those faced by Northvolt [4] - The scaling up of production by companies like ACC, Powerco, and Verkor is crucial for narrowing the cost gap under EU local content requirements [4] - T&E advocates for the "Made in Europe" plan to include public support schemes such as EV tax rebates for both owners and corporate car schemes [5]

Core Insights - The report by T&E indicates that scaling up battery production in Europe could reduce the cost gap between EU-made batteries and those from China from 90% to approximately 30% [1][4] - The EU is set to propose the "Industrial Accelerator Act," which will prioritize locally manufactured products in key strategic sectors, including batteries and electric vehicles [2] - T&E's analysis suggests that improved manufacturing efficiency could lower the cost gap to $14 per kilowatt-hour by 2030, significantly reducing costs for electric vehicles [3] Group 1 - The report emphasizes the need for a domestic battery industry in Europe to protect against supply chain vulnerabilities and suggests that local content requirements are essential for scaling production [4] - The proposed "Made in Europe" plan should include public support schemes, such as EV tax rebates for both consumers and corporate car schemes [5]

made in Europe. But what does that really mean. Well, the idea has come to the four as part of an effort by the EU to save its manufacturing base by introducing a European preference across public contracts in the defense, digital, and industrial sectors.Proponents of the idea believe it could be one of the only ways to save the EU's€ 2.6% 6 trillion euro manufacturing base which has come under heavy pressure from high energy prices, cheap Chinese and South Asian competition and the volatile trade agenda of ...

French President Emmanuel Macron returned to his “Made in Europe” push on the eve of a key European Union meeting https://t.co/ycrssk5BLR ...

Core Insights - The 100th edition of Micam, an international trade show in Milan, reflected a cautious but hopeful sentiment among exhibitors despite ongoing declines in the Italian footwear industry [1][2] Industry Performance - Sales in the Italian footwear industry decreased by 5.6 percent and industrial production fell by 9.5 percent during the first half of the year [2] - The U.S. market is vital for the leather industry, contributing 12 percent to Italy's export turnover, making it the second most important market after France [6] Market Challenges - The unfavorable exchange rate against the euro and increased tariffs are significant concerns for the industry, potentially leading to price increases of 12 to 15 percent [5][7] - Exhibitors expressed uncertainty regarding market conditions, particularly in the U.S., but also identified opportunities for market share growth as competitors exit [9] Strategic Focus - Micam aims to support small and medium-sized enterprises by facilitating connections with potential buyers to enhance their market presence [5] - Brands are encouraged to invest in digitalization, strengthen e-commerce, and diversify international markets to remain competitive [15] Design Trends - The spring '26 season showcased a surge in creative and innovative designs, with brands emphasizing sustainability and craftsmanship [16][20] - Emerging designers at Micam highlighted a commitment to traditional craftsmanship while pushing design boundaries, focusing on sustainability and innovation [22][23] Brand Initiatives - Victoria Shoes launched its first pop-up store in Italy to strengthen ties with the Italian market, celebrating its 110th anniversary [13] - Brands like Flower Mountain and Voile Blanche are focusing on innovative materials and designs, with Flower Mountain celebrating its 10-year anniversary with a special capsule collection [17][20]