FILE - Leapmotor vehicles are parked outside a showroom in Hangzhou in eastern China's Zhejiang province on May 14, 2024. China and the European Union are open to holding talks on the EUs recent decision to sharply raise tariffs on imports of Chinese-made electric vehicles, officials from both sides say. – China and the European Union are open to holding talks on the EU’s recent decision to sharply raise tariffs on imports of Chinese-made electric vehicles, officials from both sides say.
The European Commission, the EU’s executive arm, said preliminary results from an investigation into Chinese EV subsidies showed the country’s battery electric vehicle “value chain” benefits from “unfair subsidization” that hurts EU rivals. “The two sides agreed to launch consultations on the EU’s anti-subsidy investigation into Chinese electric vehicles,” it said.
Ministry spokesman He Yadong said the European side had demanded excessive amounts of information from Chinese automakers and then unfairly accused the Chinese companies of failing to cooperate.into pork exports from Europe. In announcing that, the Commerce Ministry did not mention EV tariffs. But the investigation into various pork products was widely seen as a response to the EU measures on electric cars.