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26.10.2020

Technological Sovereignty Industrial Resilience and European Competences

The electrical industry’s view on Europe’s recovery post-Covid-19 and future industrial strategy


In Europe, the current crisis has intensified a political discussion about the state of the continent’s industry in critical core areas and new digital technologies. Given the increasing global competition and tensions in international trade, a fitness check of the existing political toolbox appears appropriate. The long-term strategy for industry in Europe must address new technologies, the digital transformation of industry, and Europe’s sustainable future – objectives extending far beyond the immediately pressing recovery from the fall-out of Covid-19. With the objective of boosting industrial capabilities and enabling Europe to remain a continent at the forefront of industrial digitalisation, the electrical industry is presenting its position for a clear understanding of the terms (1) technological sovereignty, (2) industrial resilience and (3) European competences. Furthermore, the enhancement of competences is the key element in preventing imbalances and creating a position of strength. The best way for Europe is to boost its attractiveness for global cooperation, whilst at the same time strengthening European standards in global competition. For this, ZVEI gives in this discussion paper key recommendations to increase Europe’s industrial competences.

 

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