The deal with the Israeli manufacturer of the Iron Dome missile defense system is expected to secure more than 2,000 jobs. Recently, another defense contractor had also expressed interest in acquiring the plant.
By Maria Mitrov
So far, no Chinese manufacturer has contacted the Commission and offered minimum prices for electric cars. German car manufacturers are reacting cautiously.
By János Allenbach-Ammann and Markus Grabitz
The European Union is reviewing a price undertaking from Volkswagen for the first time, aiming to replace countervailing duties on electric vehicles from China with a minimum-price system. The move could mark the starting point for a broader reassessment of Europe’s trade relations with China.
By Amelie Richter
The EU Commission has announced a comprehensive automotive package and the Industrial Accelerator Act for Dec. 10. The proposals are intended to safeguard Europe’s automotive industry with requirments for locally-sourced content.
By Markus Grabitz, Till Hoppe and János Allenbach-Ammann
