The EU’s anti-subsidy investigation into electric vehicles is a risky strategy that may backfire

The EU’s anti-subsidy investigation into electric vehicles is a risky strategy that may backfire

In her State of the Union address on 13 September, European Commission president Ursula von der Leyen announced a new anti-subsidy investigation into electric vehicles (EVs) from China, claiming that the market is being flooded by cheap imports at prices that are kept artificially low by “huge state subsidies”. The move was widely reported to be a reaction to pressure from France; other member states, notably Germany, were opposed. The commissi…