Â
>>REAL-TIME UPDATES IN THE WIRE. CLICK HERE<<<
Â
Â
The European Union should seriously listen to the voices of the electric vehicle industry and provide a fair, non-discriminatory and predictable market environment for companies from all countries, said China’s Ministry of Foreign Affairs regarding the anti-subsidy investigation launched by the EU into Chinese EVs.
The European Commission last week launched an anti-subsidy investigation into Chinese EVs, which it believes are being subsidized by the Chinese government to dump in Europe.
China has always opposed all forms of trade protectionism and the EU’s measures violate the principle of market economy and international economic and trade rules, it said.
The measures are not conducive to the stability of the global automotive industry supply chain, and not in the interest of any party, the ministry said.
On the same day, Maros Sefcovic, a vice president at the European Commission, said in an interview that the EU is still very far from imposing new tariffs on Chinese EVs as anti-subsidy investigations need to be conducted fairly and properly.
Europe must redouble its efforts to make sure that its car industry remains very competitive, he said, adding that Europe has always been proud of the best, safest, cleanest cars being manufactured in Europe.