The factsheet published by the EU in March 2023 on "EU Net-Zero Industry Act: Making the EU the home of Clean Technology Industries" is submitted for your information.
Content:
-Net Zero Industry Act
o The law's proposals to incentivize investment in net zero technologies
-NET-ZERO Technology Trends
-The EU depends on imports for many net zero technologies
o More than 90% of solar photovoltaic (PV) sheets and some other PV technology components are imported from China.
o More than ¼ of electric cars and batteries are imported from China.
o China accounts for 90% of global net investments in zero technology manufacturing facilities.