The EU’s Net-Zero Industry Act (NZIA) is set to enter into force by the end of June, following its final adoption today. The key regulation aims to ensure that homegrown clean tech can cover at least 40% of the bloc’s demands by 2030. “Demand is growing in Europe and globally, and we are now equipped to meet more of this demand with European supply,” EU chief Ursula von der Leyen said in a statement.

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BING NEWS:
  • US Efforts to Contain Xi’s Push for Tech Supremacy Are Faltering
    Since Donald Trump hit Xi Jinping ’s government with punitive tariffs in 2018, his push to cut the trade deficit has snowballed into a full-scale bipartisan effort to stop China from becoming the ...
    10/29/2024 - 10:15 am | View Link
  • The US EV battery supply chain just got a vital link with the first advanced electrolyte factory
    Anthro Energy just secured a $24.9 million grant from the US Department of Energy to help bolster the domestic battery supply chain.
    10/25/2024 - 12:50 pm | View Link
  • Biden finalizes subsidies for domestic production of solar panels and critical minerals
    The Biden administration has unveiled final rules for a tax credit, which it said will boost the U.S. mining of critical minerals, reducing reliance on foreign entities.
    10/24/2024 - 8:41 am | View Link
  • Brussels breaks impasse after EU countries fail to agree on Chinese EV tariffs
    They vary according to the brand and their level of cooperation with the Commission's investigation: The duties will likely enter into force on 31 October and last for at least five years.
    04/10/2024 - 1:10 am | View Link
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