Published: January 15th, 2023,
Last updated: January 16th, 2023
Will factories for EV and truck batteries be mainly built in the United States in the future? In Brussels, there is concern that Joe Biden’s Inflation Reduction Act (IRA) will encourage future technologies to settle on the other side of the Atlantic. Soon, the EU Commission will present its response to this industrial policy challenge. Competition Commissioner Margrethe Vestager has a crucial role to play in this. My colleague Till Hoppe has found out what changes to the state aid rules the Commissioner plans to propose soon.