EU Net-Zero Industry Act Factsheet Dated March 2023

EU Net-Zero Industry Act: Making the EU the Home of Clean Tech. Industries Factsheet March 2023

18.7.2023

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.