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China and the EU have agreed to initiate consultations over the EU’s anti-subsidy investigation into China’s electric vehicle sector, aiming to resolve trade tensions and foster collaboration.
China’s new energy vehicle penetration rate is set to reach 49.1% in June, driven by steady market growth and technological advancements.
The EU’s new tariffs on electric vehicles made in the Chinese mainland could threaten European automakers like BMW and Tesla, despite minimal impact on Chinese EV makers.
China officials criticize EU’s new tariffs on Chinese electric vehicles, arguing they hinder green transformation and disrupt global supply chains.
The European Commission’s new tariffs on electric vehicles from the Chinese mainland could significantly impact the global automotive market, sparking debate among industry leaders and policymakers.
The EU imposes tariffs on Chinese electric vehicles to protect its market and navigate political landscapes, despite opposition from China and European businesses.
The EU imposes up to 38% tariffs on Chinese mainland electric vehicles, raising concerns about trade relations and the impact on European consumers.
The German automotive industry rejects the EU’s proposed tariffs on Chinese electric vehicles, citing ineffective trade conflict resolution.
China’s Ministry of Commerce denies the EU’s anti-subsidy probe on Chinese-made electric vehicles is based on factual or legal grounds, amid new tariffs set to take effect in July.
China’s Ministry of Commerce spokesperson He Yadong claims that the EU’s recent anti-subsidy probe on China-made electric vehicles lacks factual and legal basis, following the EU’s announcement of increased tariffs.