AGP Executive Report
Last update: 8 hours agoEU-India Trade Under Pressure: The EU’s 21st Russia sanctions package could complicate ratification of the EU-India trade deal, with a proposal targeting 50 entities and including undisclosed Indian firms tied to drone and military-industrial support. Automotive Industrial Policy: Renault, Volkswagen and Stellantis are pushing “Made in Europe” incentives with a simple local-content rule to reward EU engineering and component sourcing, as Chinese EV competition intensifies. UK EV Rules in Flux: Reports say the UK may soften its ZEV mandate, easing the ramp-up toward 2030 to reduce pressure on carmakers while keeping the broader EV direction. Supply Chain Strain: A GEP index shows May brought elevated stockpiling, shortages and transport costs, suggesting firms are front-loading orders to blunt inflation and disruption risks. Semiconductor Collaboration: CEA‑Leti and GlobalFoundries reaffirm FD‑SOI work via the FAMES pilot line, backing Europe’s push for energy-efficient, sovereign chips. India-Slovakia Manufacturing Links: PM Narendra Modi’s visit to Slovakia spotlights trade, investment and cooperation in auto and rail manufacturing.
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