New regulations proposed under the "Made in Europe" battery initiative may significantly increase the cost of electric vehicles, according to a new report. The rules aim to boost local production and sustainability but could raise prices by thousands of euros due to stricter sourcing and manufacturing requirements. Automakers and consumers may face higher expenses if the measures are implemented as planned. The report highlights the potential trade-off between supporting European industry and affordability for buyers.
'Made in Europe' battery rules could add €2,100 to electric car prices, report says Euronews.com
