By 2030 we will double our current market share of chips to 20%.
Together with EU countries, we will mobilise more than €43 billion of public and private investments to prepare, anticipate, and swiftly respond to the current and future supply chains disruptions.
✔️the Chips for Europe Initiative
✔️a new framework to ensure the security of supply
✔️a coordination mechanism at the EU level
✔️a joint crisis assessment and coordinated responses
The #EUChipsAct will help us achieve the 2030 Digital Decade target - empowering businesses and people in a human-centred, sustainable and more prosperous digital future.
These new measures will make Europe a major global player in the semiconductors ecosystem.
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After intense dialogue with the automotive sector, we presented the Automotive Package to support the sector’s efforts in transitioning to clean mobility.
What’s in the package: 🧵↓
On the supply side:
🚗A review of the existing CO₂ emission standards for cars and vans.
🚛A targeted amendment to those for heavy-duty vehicles.
On the demand side:
🚚An initiative to decarbonise corporate fleets with binding national targets for zero- and low-emission vehicles.
👉 Leading up to 2035, car manufacturers will be able to benefit from ‘super credits’ for small affordable electric cars made in the EU.
The affordable housing crisis is affecting millions of Europeans.
It is a shared challenge that demands a shared solution.
Today we present the first-ever European Affordable Housing Plan to ensure better access to affordable, sustainable and quality housing.
The plan focusses on 10 key areas of action where the EU can have the most impact, including ⬇️
🏠 Boosting the supply of new construction and renovations
🏠 Mobilising both public and private investment
🏠 Enabling immediate support to affected areas while driving reforms
🏠Protecting the most vulnerable, such as the student, low-income and homeless populations
Securing Europe’s supply chains is not optional. It’s essential.
We've launched a new approach to economic security to cut dependencies, protect critical tech.
Unprecedented economic security threats - from war in Ukraine to unfair competition - demand unprecedented answers ↓
Our new approach delivers two major steps forward:
🔹 A strategic Economic Security framework to make smarter, more coordinated use of EU tools to protect critical technologies, secure supply chains, attract safe investment and safeguard sensitive data. ↓
🔸 RESourceEU, the first concrete action under this approach, ensuring access to alternative sources of critical raw materials and semiconductors for European industry.
Europe is working to turn its ambition into reality.
In last year, we’ve been working for a stronger, greener, and more competitive Europe. ↓
🔸Cheaper energy
🔸Less admin burdens
🔸Better investment opportunities
🔸More AI
🔸Support to boost Europe's clean tech
🔸Trade deals to provide more certainty for business and consumers
Our actions this year supported a more competitive and prosperous Europe.
At the same time:
→ We are making Europe more secure
→ We are steadfast in our solidarity with Ukraine
→ We uphold European democracy and values
→ We equip our Union with an ambitious budget, fit for the future
→ We complete our Union
→ We work for peace and prosperity