European carmakers urge delay to EV battery localization rules

ACEA and European automakers are pressing the European Commission to delay EV battery localization rules under the draft Industrial Accelerator Act, warning that Europe's homegrown battery industry is not ready.

• ACEA asks the European Commission to delay EV battery localization
• The rules are part of the draft Industrial Accelerator Act
• Carmakers cite the industry's lack of readiness