Minister Adolfo Urso emphasised the need for urgent decisions to ensure investment certainty and safeguard Europe’s industrial strategy amid the green, digital, and geopolitical transitions
The proposal. The Italian government is planning to propose an early review of the European Union’s 2035 combustion engine ban at the EU Competitiveness Council meeting on Wednesday, bringing the assessment forward to 2025.
- This decision follows major challenges currently facing the European automotive industry.
- According to Adolfo Urso, Italy’s Minister for Enterprises and Made in Italy, there is a clear crisis in Europe due to the decline of the electric vehicle market and the struggles of multinational car companies.
- This, he said, requires the government to take action and make decisions, as he noted during a meeting on Monday with business associations and trade unions.
The reason why. Minister Urso stressed that waiting another two years for the review is not a viable option, as theuncertainty is hindering investments.
- He pointed out that no one wants to invest in such a volatile environment.
- Moreover, Minister Urso highlighted the importance of rethinking Europe’s industrial path, taking into account the significant geopolitical shifts currently underway.
- He underscored the need for a new industrialisation of Europe that prioritises safeguarding jobs and focuses on strategic autonomy, including the need for raw materials.
