US EditionChina tells carmakers to pause investment in EU countries backing EV tariffs, Reuters reports
- China has instructed its carmakers to stop major investments in European nations that support higher tariffs on Chinese electric vehicles, according to two sources briefed on the matter.
- The European Union imposed new tariffs of up to 45.3% after a year-long investigation, which has led to a response from Beijing.
- Chinese carmakers, including BYD, SAIC, and Geely, were advised to pause investment plans in countries that supported the tariffs and target those that opposed them, as per the ministry meeting.
23 Articles
23 Articles
Europe raises tariffs on Chinese-made electric vehicles
Europe’s new tariffs on Chinese electric vehicles could drive up costs for European consumers while stoking tensions with China over trade practices.Melissa Eddy and Jenny Gross report for The New York Times.In short:The EU imposed tariffs on Chinese-made electric vehicles, with rates reaching up to...
Exclusive: China tells carmakers to pause investment in EU countries backing EV tariffs, sources say
China has told its automakers to halt big investment in European countries that support extra tariffs on Chinese-built electric vehicles, two people briefed about the matter said, a move likely to further divide Europe.
China tells carmakers to pause investment in EU countries backing EV tariffs
China has told its carmakers to halt big investment in European countries that support extra tariffs on Chinese-built electric vehicles, two people briefed about the matter said, a move likely to further divide Europe.
China tells carmakers to stall investment in EU states backing tariffs
China has told its automakers to halt big investment in European countries that support extra tariffs on Chinese-built electric vehicles, two people briefed about the matter said, a move likely to further divide Europe.
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- 44% of the sources are Center
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