Press conference by Antonio Tajani, Vice-President of the EC, on the adoption of “CARS 2020: Action Plan for a competitive and sustainable automotive industry in Europe”
Antonio Tajani, Vice-President of the EC in charge of Industry and Entrepreneurship, gave a press conference on the CARS 2020 Action Plan aimed at reinforcing this industry's competitiveness and sustainability heading towards 2020. The Commission proposed a massive innovative push by streamlining research and innovation under the European Green Vehicle Initiative. Co-operation with the European Investment Bank will be reinforced to finance an innovation boost and facilitate SME access to credit. An EU standard recharging interface will provide the regulatory certainty needed to facilitate a breakthrough for large scale electric car production.