Will the Government Support the Automotive Sector: New Electricity Incentives Coming?
Will the Government Support the Automotive Sector
The decision not to introduce incentives for electric cars in the Budget Law has certainly caused debate. The Government, however, has made it known that it intends to launch a series of interventions to support the automotive sector in the future. The confirmation came from Gilberto Pichetto Frain, Deputy Minister for Economic Development, who touched on the subject in response to a parliamentary question from the 5 Star Movement.The Deputy Minister underlined that the Government is aware of the "role fundamental for the automotive sector for the Italian production sector "and the difficulties that the entire sector is going through in this period. The Mise, says the deputy minister, is evaluating a "system of measures aimed at attracting and consolidating investments" for the automotive sector and for the related industries, also in consideration of the real challenge represented by the ecological transition of the sector, increasingly projected towards electricity.
According to the Deputy Minister, the Government aims to act on several fronts by supporting the industrial transition with support for reconversion, such as the one that will allow the Stellantis plant in Termoli to transform itself into a Gigafactory for example. Specific measures will also arrive to attract new investments to support the growth of the entire supply chain. Picchetto Fraint recalled that the Budget Law provides for a "Fund to support industrial transition of 150 million euros". For the “strategic productive sectors” there are also 750 million euros of funds from the NRP.
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Gov't vows to support digital transformation of auto industry
The South Korean government said on Thursday it will standardize automotive data and promote intelligent manufacturing by carmakers and parts makers as part of efforts to support digital transformation of the auto industry.The aim is to turn 1,200 automotive component makers into future car companies by 2030, the Ministry of Trade, Industry and Energy said in a statement.
The ministry said it will secure eight petabytes of automotive data, which is more than 10 times what is currently in store, including electronic component, maintenance and operation data of 10,000 cars as well as consumer surveys, and open a “mobility big data portal” at www.bigdata-car.kr.
Based on the law on industrial digital transformation promotion which takes effect in July, the government plans to boost the automotive data market, develop and supply customized artificial intelligence (AI) big data analysis technology.
It will also run programs to support fostering of future car specialists such as data and software experts, seek to increase the student quotas of future car-related departments, and help them get employed.
To transform 1,200 parts makers into future car companies by 2030, the ministry plans to come up with a data-based full cycle management system; support the companies’ business reorganization; and set up an open, cooperative system for innovation with automakers.
To achieve the goal of completing technological development for intelligent manufacturing such as over-the-air programming and Level 4 autonomous driving by 2027, the ministry said it will develop high-performance application processor and network technology necessary for OTA, and introduce a technological certification system for safety.
The government also plans to establish the infrastructure required for Level 4 autonomous driving such as test beds and detailed roadmaps, set safety standards and insurance rules.
To create a high value-added future car market, the ministry said it will invest 9.8 billion won ($8.2 million) by 2026 in developing a Level 4 autonomous driving platform for vans that provide peer-to-peer transport service in a designated area.
By 2025, it plans to invest 26 billion won in developing and demonstrating a personal transport service linked to autonomous driving; and 15 billion won in automatic valet parking technology based on autonomous driving.
The government said it will invest 14.4 billion won in development of display component technology for autonomous cars; and 27.9 billion won in contactless service technology for unmanned autonomous driving by 2024.
“With the strategies laid out, we will build a data-based industrial ecosystem for future cars, and speed up intellectual manufacturing by carmakers and parts makers as well as the creation of demand for high value-added service to make Korea a leader of future cars,” Industry Minister Moon Sung-wook said.
By Kim So-hyun (sophie@heraldcorp.com)
