💨 Abstract

The French battery maker, Automotive Cells Company (ACC), has expressed mixed feelings about the European Union's support for the auto sector, aimed at achieving zero carbon emissions by 2035. While ACC welcomes the EU's medium-term action plan, it fears that the support comes too late. ACC has scaled back its battery production plans due to uncertainties about electric vehicle demand and affordable battery alternatives.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖