US EditionEU launches anti-subsidy investigation into Chinese electric vehicles
- The European Union is launching an investigation into the subsidies provided by China to electric vehicle makers, as there are growing concerns about the reliance on Chinese products in Europe.
- The flood of cheaper Chinese electric cars in global markets, kept artificially low by state subsidies, has prompted the European Union to consider imposing duties on these cars that are undercutting European competitors.
- France has pushed for the investigation, and the EU's internal market chief has warned that Europe is being relegated to net imports of electric vehicles, prompting the need for Europe to define its own approach to Beijing.
58 Articles
58 Articles
EU announces an investigation into Chinese subsidies for electric vehicles
The European Union is launching an investigation into subsidies that China provides to electric vehicle makers, the head of the bloc’s executive branch said Wednesday, as concern grows that the aid is harming European companies. “Global markets are now flooded with cheaper Chinese electric cars, and their price is kept…
El temor a la afluencia de vehículos eléctricos (EV, por sus siglas en ingles) chinos de bajo coste ha impulsado a la Unión Europea (UE) a abrir una investigación sobre las subvenciones estatales. Las políticas de la UE sobre vehículos eléctricos chinos pueden traer grandes efectos económicos. Ursula von der Leyen, Presidenta de la Comisión Europea, declaró el miércoles que el mercado mundial está inundado de vehículos chinos asequibles, cuyos p…
The president of the European Commission, Ursula von der Leyen, announced this Wednesday the opening of an investigation against China, on suspicion that the Asian giant is illegally subsidizing the manufacture of electric cars and flooding European countries with cheap exports with which they cannot compete. German politics made this announcement during the traditional State of the Union speech that marks the beginning of the political course, …
DECRYPTION - Ursula von der Leyen's announcement on Wednesday was welcomed by Paris, Berlin and the European Automobile Manufacturers Association. It remains to be seen whether the European Commission has the means to do so.
How will the EU’s investigation into Chinese electric vehicle subsidies work?
European Commission President Ursula von der Leyen on Wednesday (13 September) announced an investigation into Chinese subsidies for electrical vehicles (EVs), a move that could lead to countervailing duties on EVs from China within nine months.
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