European Commission announces the Key Strategic Value Chains
The Juncker Commission is helping Europe's industries stay global leaders in innovation, digitisation and decarbonisation. The Investment Plan has already triggered over €370 billion in investments across the EU. Thanks to the Single Market, EU companies have access to more diverse, higher quality and cheaper inputs and are therefore more competitive globally. The High Level Industrial Roundtable discussed trends and challenges facing European industries by 2030. The Commission unveiled preliminary recommendations of the expert group on strategic value chains. Namely, to prepare coordinated action and investment to strengthen 6 key strategic value chains:
- Connected, clean and autonomous vehicles
- Smart health
- Low-carbon industry
- Hydrogen technologies and systems
- Industrial Internet of Things
This will complement already ongoing initiatives to strengthen the value chains for batteries, microelectronics and high-performance computing.