SAIC
Total 2 Posts
Chinese Auto Industry Criticizes EU's EV Investigation
A Chinese industry association and a major automaker criticized the European Commission's anti-subsidy investigation of Chinese electric vehicles (EVs) as being inconsistent with WTO rules. Criticisms include inflating the subsidy rate, a lack of transparency, an unusual sampling process, and requesting excessive information.
EU Announces Preliminary Anti-Subsidy Duties in Chinese EV Investigation
The European Commission announced today that it had "provisionally concluded that the battery electric vehicles (BEV) value chain in China benefits from unfair subsidisation, which is causing a threat of economic injury to EU BEV producers," and made a preliminary determination on duty rates of up to 38%