Week 13: The effects of the US IRA on EU competitiveness

In week 13, we added 7 new reports to our database. These reports cover a diverse range of subjects, including the impact of the US Inflation Reduction Act on EU competitiveness, the EU's efforts to increase its production of clean tech and reduce its dependence on China, strategies for decarbonizing the transportation sector in South Africa, a global automotive consumer study with a specific focus on Southeast Asia, the significance of the circular economy and connected data in the EV market, initiatives to promote EV adoption in India, and the fundamental requirements for mainstream EV adoption
In week 13 we added the following reports:

  • The effects of the US Inflation Reduction Act (IRA) on EU competitiveness | The Confederation of Swedish Enterprise
  • EU enters race with the US to produce clean tech in bid to reduce reliance on China | ING
  • Decarbonising the South African transport sector | National Business Initiative
  • 2023 Global Automotive Consumer Study – Southeast Asia perspectives | Deloitte
  • Driving the circular economy: Batteries, EVs, and the importance of connected data | AVEVA
  • Initiatives to popularize EVs in India | Mitsui & Co.
  • Six essentials for mainstream EV adoption | EY & eurelectric

The reports are shared and available free of charge in our database.

The effects of the US Inflation Reduction Act (IRA) on EU competitiveness

The first report we added is titled “The effects of the US Inflation Reduction Act (IRA) on EU competitiveness,” commissioned by The Confederation of Swedish Enterprise and analyzed by Copenhagen Economics. The report aims to examine how the Inflation Reduction Act, signed into law by President Biden on August 16, 2022, will affect EU competitiveness. In addition to providing legislative recommendations for how the EU should respond, the paper attempts to give a complete analysis of the anticipated effects of the IRA on EU competitiveness. The analysis tries to allay concerns raised by the IRA in the European media regarding possible investment shifts from the EU to the US and trade pattern distortions.

Source: The effects of the US Inflation Reduction Act (IRA) on EU competitiveness | The Confederation of Swedish Enterprise

 

EU enters race with the US to produce clean tech in bid to reduce reliance on China

The second report we added is titled “EU enters race with the US to produce clean tech in bid to reduce reliance on China,” by ING. The report explores the EU’s plan to produce 40% of its clean tech by 2030 and shift to a low-carbon economy. It emphasizes the importance of vital raw elements such as lithium, copper, and nickel, whose demand is expected to increase by 500% by 2050, and the difficulties in producing essential raw materials. The research also emphasizes the necessity for investment in order to achieve the EU’s goal of net-zero emissions by 2050.

Source: EU enters race with the US to produce clean tech in bid to reduce reliance on China | ING

 

Decarbonising the South African transport sector

The third report we added is titled “Decarbonising the South African transport sector,” by National Business Initiative. This report is part of the Just Transition and Climate Pathways research and focuses on cutting carbon emissions and building a sustainable transportation system in South Africa. It aims to promote discussion among stakeholders and industry experts as it analyzes methods for decarbonizing the South African transportation sector.

Source: Decarbonising the South African transport sector | National Business Initiative

 

2023 Global Automotive Consumer Study – Southeast Asia perspectives

The fourth report we added is titled “2023 Global Automotive Consumer Study – Southeast Asia perspectives,” by Deloitte. This study is based on an annual survey of over 26,000 customers, including 6,048 respondents from six Southeast Asian nations. The study looks at important topics that have an impact on the automobile industry, like consumer interest in adopting electric vehicles, brand perception, and the use of linked technology. The research emphasizes four themes related to customers’ evolving automotive and mobility preferences in an effort to assist businesses in prioritizing and positioning their business strategies and investments.

Source: 2023 Global Automotive Consumer Study – Southeast Asia perspectives | Deloitte

 

Driving the circular economy: Batteries, EVs, and the importance of connected data

The fifth report we added is titled “Driving the circular economy: Batteries, EVs, and the importance of connected data,” by AVEVA. The report explores the circular economy framework as it relates to the electric car market. It emphasizes the importance of safe data exchange and flexible data infrastructure in optimizing this framework in light of rising EV sales.

Source: Driving the circular economy: Batteries, EVs, and the importance of connected data | AVEVA

 

Initiatives to popularize EVs in India

The sixth report we added is titled “Initiatives to popularize EVs in India,” by Mitsui & Co. The report discusses the potential of electric vehicles (EVs) to reduce air pollution in India and help the nation achieve its “energy independence” objective by 2047. It examines India’s goals for EV adoption, the obstacles in the way of these goals, and the requirement for cooperation with top battery production firms. The research also looks at industry and governmental efforts to promote EVs.

Source: Initiatives to popularize EVs in India | Mitsui & Co.

 

Six essentials for mainstream EV adoption

Finally, the seventh report we added is titled “Six essentials for mainstream EV adoption,” by EY & eurelectric. This report provides insights on the six essentials for mainstream EV adoption, exploring topics such as battery costs, charging infrastructure, and government policies.

Source: Six essentials for mainstream EV adoption | EY & eurelectric

 

If you have any suggestions please consider providing feedback or uploading your report.

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