The European Union’s automotive industry, a significant economic pillar employing 13 million people, is at a crossroads as it grapples with the simultaneous challenges of decarbonisation, maintaining global competitiveness, and ensuring economic security. A recent report published by the Jacques Delors Institute and the Paris School of International Affairs at SciencesPo, titled “The Road to a New European Automotive Strategy: Trade and Industrial Policy Options,” sheds light on these complex issues and offers a range of policy options to navigate the evolving landscape.