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EU Industrial Policy · Green Manufacturing · Local Content · Supply Chain
The European Commission is poised to introduce its Industrial Accelerator Act on March 4, 2026, a pivotal legislative initiative designed to bolster European industries.
This Act will prioritize locally manufactured products in public procurement and subsidies, specifically targeting strategic sectors like electric vehicles (EVs), construction, and clean technologies. Key provisions include stringent 'Made in Europe' local-content thresholds, such as 70% for EV components, 25% for aluminum, and 30% for plastics, which companies must meet to access public funds or tenders.
The legislation also aims to streamline industrial permitting through digital portals, introduce low-carbon product labels, and establish Industrial Acceleration Areas to expedite decarbonization investments. Despite its ambitious goals, the proposal has faced multiple delays due to internal EU disagreements, with some member states advocating for 'Buy European' policies while others express concerns over potential costs and impacts on competitiveness.
