Automotive supplier Valeo’s CEO has called for stricter rules under the EU’s proposed Industrial Accelerator Act, arguing that a 75 percent European content requirement—paired with exclusion of low-cost neighboring countries like Morocco—would better protect the bloc’s manufacturing base. The warning comes as concerns grow that weaker thresholds could undermine local production and supply chain resilience. Industry leaders are divided over whether the current proposals strike the right balance between competitiveness and self-sufficiency. The debate highlights tensions between maintaining high standards and avoiding trade barriers that could raise costs.
Valeo CEO Christophe Perillat said the EU's Industrial Accelerator Act should require 75 percent European content and exclude low-cost neighbors such as Morocco, warning that a lower threshold would ...
