EU Budget, Competitiveness, and Electric Vehicle Trends

This chapter analyzes the proposed EU budget for 2028 to 2034 amidst rising external trade tensions, emphasizing the bureaucratic complexities and competitiveness concerns among member states. It also explores recent developments in the electric vehicle market, highlighting Norway's success in adoption and the increasing presence of Chinese automotive brands. The chapter contrasts BYD's advancements in technology and production efficiency with Tesla's European challenges, underlining the competitive dynamics of the market.