Paris Motor Show opens during brewing EV trade war between EU, China
- The Paris Motor Show, an important automotive event since 1898, is affected by a trade war between the European Union and China over electric vehicle imports.
- Chinese electric vehicles surged from 3.9% of the market in 2020 to 25% by September 2023, prompting EU claims of unfair competition due to subsidies.
- XPeng's President, Brian Gu, stated that EU import duties could hinder their expansion plans if a trade resolution is not reached by the end of October.
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Total News Sources0
Leaning Left6Leaning Right2Center7Last UpdatedBias Distribution47% Center
Bias Distribution
- 47% of the sources are Center
47% Center
L 40%
C 47%
13%
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