New regulations requiring electric vehicles sold in Europe to use locally produced batteries could significantly increase costs for consumers, according to a report. The proposed "Made in Europe" rules aim to boost domestic battery manufacturing but may push up prices by thousands of euros per car. Industry analysts warn that higher costs could slow adoption of electric vehicles just as demand is rising. The trade-off between supporting local industry and affordability for buyers remains a key debate as policymakers finalize the measures.
'Made in Europe' battery rules could add €2,100 to electric car prices, report says Euronews.com
