Stellantis, Volkswagen and Renault Propose 70:70 'Made in Europe' Rule for EV Supply Chains
Stellantis, Volkswagen Group, and Renault have submitted a joint policy framework urging the EU to establish a '70:70' regional content benchmark paired with CO₂ super credits.
- 60% of total output
- 70% regional value
- 70% of EU sales volume
What Happened
Stellantis, Volkswagen Group, and Renault—representing roughly 60% of total automotive assembly across the European Union—have jointly presented a policy blueprint to the European Commission advocating for a formal 'Made in Europe' industrial framework.
The core of the submission is a proposed '70:70 in the EU27' benchmark. Under the rule, 70% of an automaker's sales volume within the EU must contain at least 70% localized value—defined to include software development, engineering, parts sourcing, and final factory assembly within EU member states or European Economic Area partners.
To encourage compliance, the coalition recommends awarding regulatory super credits toward fleet-average CO₂ reduction mandates for compliant manufacturers, creating a direct compliance incentive to anchor battery manufacturing and vehicle engineering within Europe.
Why this matters
Representing 60% of vehicle assembly in the European Union, the three volume automakers are seeking regulatory protection against state-subsidized overseas imports. Tying fleet CO₂ target relief to a 70% local value requirement aims to shield European battery gigafactories and engineering hubs as electric vehicle production scales.
Terms in This Story
- Super credits
- Regulatory compliance multipliers that grant additional weighting to low-emission or locally manufactured vehicles when calculating a carmaker's overall fleet CO₂ emissions performance.
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