Highlights

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In order to overcome the economic crisis and return to growth, European industry needs to become more innovative and eco-efficient, for example by developing electric cars. With this in mind, a fresh approach to industrial policy was discussed on 1 March by the Competitiveness Council.

The situation in various sectors hit by the recession remains challenging. In order for Europe to regain sustainable growth, the modernisation of industrial strategy should focus on structural reinforcement of the economy. It is important to achieve a successful transition to a competitive economy based on innovation and capable of turning environmental imperatives into business opportunities and new jobs.

One example of promising industrial applications that rely on research and innovation and which can benefit businesses, consumers and the environment alike is the development of green vehicles, such as electric cars and plug-in hybrids. That is why ministers called on the Commission to come forward with an action plan for clean and energy-efficient vehicles. The plan should look into the improvement of technological performance and the development of the necessary infrastructure in Europe for new mobility technologies.

More information:
Council Conclusions
Council Press Release
Council webcast of press conference