Part 7/9:
Manufacturers are responding by slashing investments, particularly in R&D and green transition initiatives, which could delay technological advancements necessary for future competitiveness. The automotive industry, in particular, faces significant setbacks in transitioning to electric vehicles, as high costs hinder innovation and expansion plans.
According to experts, around 2-3% of energy-intensive companies may be compelled to relocate abroad if high energy prices persist. Others will simply reduce output, leading to slower economic growth and potentially rising unemployment.