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Eu Approves Volkswagen's China Joint Venture's Ev Export Plan. Excludes Anti-Subsidy Tariffs by Setting Minimum Prices and Quantity Caps. Chinese Companies Are Expected to Follow Suit.
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The European Commission, the EU's executive body, has rejected commitments made by Volkswagen's (VW) joint venture in China's Anhui Province as a condition for exporting electric vehicles (EVs) to the EU, including price floors.
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