The European Commission, which oversees the bloc’s trade policy, has set provisional duties of up to 37.6% on EVs imported from China to counter what it says are unfair subsidies and has canvassed EU member views in a so-called advisory vote. A dozen EU members voted in support of the tariffs, four voted against and 11 abstained, the sources said. German carmakers, which made a third of their sales last year in China, have urge...
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Commerce Ministry spokesperson He Yiming stated that China and the EU are currently negotiating the electric vehicle anti-subsidy case, with facts and rules being the two main pillars. Facts refer to objective facts recognized by both parties, not unilateral claims of so-called “facts.” The hope is that the EU will acknowledge that China's competitive edge in electric vehicles does not come from subsidies, recognize the mutual ...
102332870 : have not witnessed so poor demand for Xpeng EVs after so good performance in Q4 last year. Demand at half Q4 rates.