On 19 July 2024, the European Commission issued guidelines clarifying how suppliers and retailers should display energy label classes in visual advertising and promotional materials for energy-labelled products. This follows an October 2023 European Court of Justice ruling related to the energy labelling of ovens and range hoods. The ruling also impacts other products.
In a joint letter published on 9 July 2024, Brussels-based industry associations Cefic, Eurelectric, SolarPower Europe and WindEurope expressed their disappointment with the recently proposed Commission Delegated Regulation (the proposed CDR). The proposed CDR, once adopted, will supplement the EU’s new batteries Regulation (Regulation (EU) 2023/1542 of the European Parliament and of the Council – the EUBR) by establishing the methodology for the calculation and verification of the carbon footprint of electric vehicle (EV) batteries.
As the most significant revenue stream among the city’s merchandise exports, the electronics industry is of critical importance to Hong Kong. Fortunately, the global electronics sector is expected to resume growth in 2024, a development acknowledged by many of the participants in the Hong Kong Electronics Fair (Spring 2024) survey.