Automotive supplier Valeo’s CEO has called for stricter rules under the EU’s proposed Industrial Accelerator Act, arguing that a 75% European content requirement—paired with exclusion of low-cost neighboring countries like Morocco—would better protect the bloc’s manufacturing base. The warning comes amid concerns that weaker thresholds could undermine domestic industry by allowing cheaper imports to dominate key sectors. Industry leaders are divided over whether the current proposals go far enough to counter global competition and supply chain risks. The debate highlights tensions between economic security and market access in Europe’s push for self-sufficiency.
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 ...
