Green technologies and economy thrive on competition, not tariffs
6 months, 2 weeks ago

Green technologies and economy thrive on competition, not tariffs

China Daily  

People visit the booth of Chinese carmaker Xpeng during the 2023 International Motor Show, officially known as the IAA MOBILITY 2023, in Munich, Germany, Sept 5, 2023. Before going deeper into the issue of possible new tariffs on China's EVs, it may be helpful to review the findings of the book "Prosperity Through Competition" by Ludwig Erhard, a former chancellor of Germany. Envision the potential repercussions for China's EV sector should the European Union decide to levy additional tariffs on these vehicles. Such tariffs could hamper European manufacturers' initiative to invest in technological advancements and cost-cutting measures, thereby compromising their ability to compete effectively on the global stage. Higher tariffs would only push up inflation for European consumers who already want to escape inflationary pressures associated with energy costs.

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History of this topic

Not the time to spin wheels
6 days, 3 hours ago

Not the time to spin wheels

China Daily  

WANG XIAOYING/CHINA DAILY Since the European Commission launched the anti-subsidy investigation into China's electric vehicles in October 2023, how to properly promote the orderly and healthy development of the China-EU EV industry, and how to resolve the potential escalation of trade frictions have been a priority for the two sides. According to the China Automobile Association, in 2023, China's new …

Blue book details EU's jeopardizing industrial policy
1 week, 4 days ago

Blue book details EU's jeopardizing industrial policy

China Daily  

New China-built electric vehicles of the company Xpeng are seen parked in the port of Zeebrugge, Belgium, Oct 24, 2024. The European Union's industrial policy for lithium batteries, photovoltaic products and electric vehicles under the guise of green transition may jeopardize global development, according to a blue book issued on Saturday. The blue book, titled "The EU's Industrial Subsidy Policy …

Europe’s Big Battery Ambitions Are Failing, and China Is Benefiting
2 weeks ago

Europe’s Big Battery Ambitions Are Failing, and China Is Benefiting

Live Mint  

Europe’s bid to build a homegrown battery industry to break China’s dominance in electric vehicles is failing. “The failure to establish domestic battery manufacturing capabilities threatens the very existence of the automotive industry in Europe,” said Andy Palmer, former chief executive officer of Aston Martin Global Lagonda Holdings Plc. By the time Europe’s automakers went all in on electric cars, …

Beijing, Brussels may meet halfway on EV tariffs
4 weeks, 1 day ago

Beijing, Brussels may meet halfway on EV tariffs

China Daily  

Vehicles from Chinese brands wait to be exported from a port in Suzhou, Jiangsu province. The prospect of China and the European Union nearing an alternative solution on the EU's imposition of extra tariffs on Chinese-made electric vehicles will provide a much-needed buffer to avoid the escalation of trade tensions between the two economic powerhouses, analysts said. Bernd Lange, chair …

China-EU solution to tariff war coming soon
Top News
1 month ago

China-EU solution to tariff war coming soon

China Daily  

Hundreds of vehicles manufactured by Chery line up at a port of Wuhu, Anhui province, awaiting export. The prospect of nearing an alternative solution by China and the European Union to the bloc's imposition of extra tariffs on Chinese-made battery electric vehicles would provide a much-needed buffer to avoid the escalation of trade tensions between the two economic powerhouses, analysts …

China-EU solution to tariff war coming soon
Top News
1 month ago

China-EU solution to tariff war coming soon

China Daily  

By Wang Keju | chinadaily.com.cn | Updated: 2024-11-25 17:45 Hundreds of vehicles manufactured by Chery line up at a port of Wuhu, Anhui province, awaiting export. The prospect of nearing an alternative solution by China and the European Union to the bloc's imposition of extra tariffs on Chinese-made battery electric vehicles would provide a much-needed buffer to avoid the escalation …

Riding toward a cleaner, greener world
1 month ago

Riding toward a cleaner, greener world

China Daily  

FILE PHOTO: New China-built electric vehicles of the company Xpeng are seen parked in the port of Zeebrugge, Belgium, October 24, 2024. The move, which the EU described as an effort to maintain "fair competition", thinly veils an underlying attempt to curb China's ascendancy in the EV industry. China's EV ecosystem is not only vast, it is also driven by …

Riding toward a cleaner, greener world
1 month ago

Riding toward a cleaner, greener world

China Daily  

FILE PHOTO: New China-built electric vehicles of the company Xpeng are seen parked in the port of Zeebrugge, Belgium, October 24, 2024. The move, which the EU described as an effort to maintain "fair competition", thinly veils an underlying attempt to curb China's ascendancy in the EV industry. China's EV ecosystem is not only vast, it is also driven by …

'Green and just transition'
Top News
1 month ago

'Green and just transition'

China Daily  

The EU views China as a partner for cooperation, an economic competitor and a systemic rival, thus changing its policy on the basis of specific issue area in question Following the 2024 European Parliament elections, a competitiveness strategy has been incorporated into the European Union's strategic agenda. This has prompted the EU to accord greater consideration to the significance of …

'Green and just transition'
Top News
1 month ago

'Green and just transition'

China Daily  

WANG XIAOYING/CHINA DAILY Following the 2024 European Parliament elections, a competitiveness strategy has been incorporated into the European Union's strategic agenda. This has prompted the EU to accord greater consideration to the significance of its single market, strategic autonomy and competitiveness concerns, while also expressing concern about China's "economic intervention and control "of the EU. The EU's "fair competition" policy …

'Green and just transition'
Top News
1 month ago

'Green and just transition'

China Daily  

WANG XIAOYING/CHINA DAILY Following the 2024 European Parliament elections, a competitiveness strategy has been incorporated into the European Union's strategic agenda. This has prompted the EU to accord greater consideration to the significance of its single market, strategic autonomy and competitiveness concerns, while also expressing concern about China's "economic intervention and control "of the EU. The EU's "fair competition" policy …

Talks on extra EV tariffs to continue
1 month, 1 week ago

Talks on extra EV tariffs to continue

China Daily  

A BYD vehicle on display during a recent auto expo in Paris, France. GAO JING/XINHUA The European Union and China will continue their negotiations this week seeking an alternative to the imposition of extra tariffs on electric vehicles, on the heels of talks earlier this month in Beijing, which yielded some progress, according to the European Commission, the bloc's executive …

EU tariffs on Chinese EVs serving no one's interest
1 month, 3 weeks ago

EU tariffs on Chinese EVs serving no one's interest

China Daily  

People visit the pavilion of Chinese carmaker BYD at the 2024 Paris Motor Show during the media day in Paris, France, Oct 14, 2024. Despite strong opposition from several member states, the European Commission has finalized its decision to levy tariffs on Chinese-made electric vehicles, which is a misguided trade protectionist measure hurting many but benefiting no one. The EU's …

What to know about Europe's tariffs on Chinese electric vehicles
1 month, 3 weeks ago

What to know about Europe's tariffs on Chinese electric vehicles

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. The European Commission, the EU’s …

EU Imposes 45.3% Tariffs on Chinese EVs, Sparking Trade War with China
1 month, 3 weeks ago

EU Imposes 45.3% Tariffs on Chinese EVs, Sparking Trade War with China

Firstpost  

The European Union (EU) has imposed tariffs of up to 45.3 per cent on Chinese-built electric vehicles to counter alleged subsidies. The new rates will take effect the following day and will apply to Chinese brands' share of the EU market, which is estimated to be 8 per cent from below 1 per cent in 2019. The EU's stance towards …

The EU will impose duties on electric vehicle imports from China from Thursday
1 month, 3 weeks ago

The EU will impose duties on electric vehicle imports from China from Thursday

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

‘Made in China’ Vies for Europe’s Luxury Car Market
1 month, 3 weeks ago

‘Made in China’ Vies for Europe’s Luxury Car Market

Bloomberg  

Welcome to the Brussels Edition, Bloomberg’s daily briefing on what matters most in the heart of the European Union. With the latest digital tricks, leather dashboards and champagne coolers — but sometimes at half the price — Chinese automakers are seriously threatening European manufacturers in the luxury-car segment. Just listen to Ford CEO Jim Farley rave about the Xiaomi SU7 …

EU says it could continue China EV talks even after tariffs
2 months, 3 weeks ago

EU says it could continue China EV talks even after tariffs

Hindustan Times  

By Philip Blenkinsop EU says it could continue China EV talks even after tariffs BRUSSELS, Sept 30 - The European Commission is willing to continue negotiating with China a potential deal to avert tariffs on Chinese electric vehicles even after such tariffs are imposed, a senior EU official said on Monday. The Commission, which is conducting an anti-subsidy investigation into …

German economics minister urges political solution to EV tariffs with China
3 months ago

German economics minister urges political solution to EV tariffs with China

China Daily  

German Economics Minister Robert Habeck BERLIN - Germany's Economics Minister Robert Habeck has called for the European Union and China to reach a political solution to the issue of tariffs on electric vehicles. Emphasizing China's significance to the German and European economies, Habeck said fair competition conditions must be guaranteed and Germany welcomes competition with China. A government spokesperson said …

Punitive tariffs on Chinese EVs would cause irreparable damage to trade ties: China Daily editorial
3 months, 1 week ago

Punitive tariffs on Chinese EVs would cause irreparable damage to trade ties: China Daily editorial

China Daily  

With the European Union due to vote very soon on imposing tariffs of up to 35.3 percent on electric vehicles made in China, last-ditch efforts to prevent China-EU trade frictions escalating and causing damage to their mutually beneficial economic cooperation have gained a rising sense of urgency. "We don't need another trade war," Spanish Prime Minister Pedro Sanchez said during …

Expert: China can manage the impact of EU tariffs on Chinese EVs
3 months, 1 week ago

Expert: China can manage the impact of EU tariffs on Chinese EVs

China Daily  

In a recent interview with ChinaPerspectives, Huang Hanquan, head of the Chinese Academy of Macroeconomic Research, said that while the plans announced by the European Commission to impose import tariffs of up to 36.3 percent on electric vehicles produced in China will certainly have some impact, this impact can be managed and overcome. In terms of the new energy vehicle …

Expert: China can manage the impact of EU tariffs on Chinese EVs
3 months, 1 week ago

Expert: China can manage the impact of EU tariffs on Chinese EVs

China Daily  

In a recent interview with ChinaPerspectives, Huang Hanquan, head of the Chinese Academy of Macroeconomic Research, said that while the plans announced by the European Commission to impose import tariffs of up to 36.3 percent on electric vehicles produced in China will certainly have some impact, this impact can be managed and overcome. In terms of the new energy vehicle …

EU tariffs threaten our future, says Cupra chief
3 months, 2 weeks ago

EU tariffs threaten our future, says Cupra chief

China Daily  

China-made new energy vehicles await shipment to Europe in Xiamen, Fujian province. An electric vehicle designed in Spain by Volkswagen's Cupra brand but made in China would be "wiped out" if the European Commission followed through with planned import tariffs of 21.3 percent, the brand's CEO said. Without the projected Tavascan sales, Cupra would miss EU-mandated carbon dioxide reduction targets …

Volkswagen electric car brand would be ‘wiped out’ by EU tariffs
3 months, 3 weeks ago

Volkswagen electric car brand would be ‘wiped out’ by EU tariffs

The Telegraph  

An electric vehicle brand owned by Volkswagen would be “wiped out” by proposed European Union tariffs aimed at China, according to a top executive at the car giant. Models in Volkswagen’s Cupra brand are designed in Spain but include cars made in China, which would face tariffs of 21.3pc under proposals from the European Commission. Raising the price of the …

EU probe into China EV makers 'not transparent'
3 months, 4 weeks ago

EU probe into China EV makers 'not transparent'

China Daily  

Shi Yonghong, vice-president of the China Chamber of Commerce for Import and Export of Machinery and Electronic Products, told China Daily in an exclusive interview that under the new Foreign Subsidies Regulation, the European Union will conduct in-depth investigations into local investments in industries that it suspects of receiving foreign subsidies. The battery electric vehicle companies will be very cautious …

Automakers pushing back against European Union's plan for tariffs
3 months, 4 weeks ago

Automakers pushing back against European Union's plan for tariffs

China Daily  

The SAIC Anji cargo ship exports vehicles from Yantai Port in Shandong province on May 15. Chinese carmakers and the country's leading auto association have expressed opposition to the EU's latest draft plan on charging extra duties on China-made EVs but said they remain committed to exploring European markets. Geely Holding Group is primarily exporting Lynk & Co and Zeekr …

Canada follows US, imposes 100% tariff on EVs imported from China
3 months, 4 weeks ago

Canada follows US, imposes 100% tariff on EVs imported from China

Al Jazeera  

Ottawa to work with allies to ensure customers around the world are not unfairly penalised by nonmarket practices of countries such as China, PM Trudeau says. Canada, following the lead of the United States, says it will impose a 100 percent tariff on Chinese electric vehicle imports and also announces a 25 percent tariff on imported steel and aluminum from …

EU tariffs trigger trade war concerns
4 months ago

EU tariffs trigger trade war concerns

China Daily  

Rental cars at an automobile rental depot of Europcar Mobility Group in Hamburg, Germany, in 2021. He argued that the EU's ambitious goal of net zero by 2050, along with an intermediate target of at least a 55 percent reduction by 2030, "implies deploying mass-market clean technology products like solar panels and electric vehicles in very large numbers". Two decades …

EU tariffs trigger trade war concerns
4 months ago

EU tariffs trigger trade war concerns

China Daily  

Rental cars at an automobile rental depot of Europcar Mobility Group in Hamburg, Germany, in 2021. He argued that the EU's ambitious goal of net zero by 2050, along with an intermediate target of at least a 55 percent reduction by 2030, "implies deploying mass-market clean technology products like solar panels and electric vehicles in very large numbers". Two decades …

China's SAIC Motor opposes 'artificially setting up trade barriers'
4 months ago

China's SAIC Motor opposes 'artificially setting up trade barriers'

China Daily  

A poster for an MG-4 EV, a brand of Chinese state-owned carmaker SAIC, is displayed at a car showroom in Santander, Spain, June 13, 2024. BEIJING - SAIC Motor, a major Chinese carmaker, said it will take further legal action to defend its rights and interests if necessary as the European Commission will make the final ruling regarding tariffs on …

China's SAIC Motor opposes 'artificially setting up trade barriers'
4 months ago

China's SAIC Motor opposes 'artificially setting up trade barriers'

China Daily  

A poster for an MG-4 EV, a brand of Chinese state-owned carmaker SAIC, is displayed at a car showroom in Santander, Spain, June 13, 2024. BEIJING - SAIC Motor, a major Chinese carmaker, said it will take further legal action to defend its rights and interests if necessary as the European Commission will make the final ruling regarding tariffs on …

China firmly opposes move on EV tariffs
4 months ago

China firmly opposes move on EV tariffs

China Daily  

The European Union's plan to impose definitive countervailing duties on imports of electric vehicles from China is likely to weaken Chinese investors' confidence in Europe and hinder the growth of the global green industry, said market watchers and industry leaders on Wednesday. The EV tariffs decision was based on facts determined unilaterally by the EU, rather than mutually recognized facts, …

EU lists lower tariff on China-made Teslas as it revises duties
4 months ago

EU lists lower tariff on China-made Teslas as it revises duties

Al Jazeera  

EU changes its punitive duties on imports of Chinese-made EVs, including those made in joint ventures with EU firms. It set a new reduced extra rate of 9 percent for Tesla, lower than the 20.8 percent it had indicated in July, and said some Chinese companies in joint ventures with EU automakers may also receive lower planned punitive duties on …

Chinese electric cars will be dumped in Britain, experts warn
4 months, 1 week ago

Chinese electric cars will be dumped in Britain, experts warn

The Telegraph  

Chinese electric cars will be funnelled towards Britain as manufacturers seek to avoid punishing European Union tariffs, analysis predicts. However, the analysis said Chinese brands see Britain as a particularly attractive market for right-hand drive cars because of tough policies such as the zero emission vehicle mandate, which compels car makers to sell rising proportions of EVs. “The UK is …

Expert calls for fairer, more just intl trade environment
4 months, 1 week ago

Expert calls for fairer, more just intl trade environment

China Daily  

China is proactively expanding imports, encouraging outward investment and broadening institutional opening-up to counter "unfounded" protectionist trading policies and promote win-win globalization, said a renowned economist and policy researcher. While China will continue improving its business environment, Jiang said it is inappropriate to excessively blame China's investment climate alone for the decline in foreign direct investment inflow, which is partially …

Expert calls for fairer, more just intl trade environment
4 months, 1 week ago

Expert calls for fairer, more just intl trade environment

China Daily  

China is proactively expanding imports, encouraging outward investment and broadening institutional opening-up to counter "unfounded" protectionist trading policies and promote win-win globalization, said a renowned economist and policy researcher. While China will continue improving its business environment, Jiang said it is inappropriate to excessively blame China's investment climate alone for the decline in foreign direct investment inflow, which is partially …

Expert calls for fairer, more just intl trade environment
4 months, 1 week ago

Expert calls for fairer, more just intl trade environment

China Daily  

China is proactively expanding imports, encouraging outward investment and broadening institutional opening-up to counter "unfounded" protectionist trading policies and promote win-win globalization, said a renowned economist and policy researcher. While China will continue improving its business environment, Jiang said it is inappropriate to excessively blame China's investment climate alone for the decline in foreign direct investment inflow, which is partially …

Why new energy 'overcapacity' claims are false
4 months, 1 week ago

Why new energy 'overcapacity' claims are false

China Daily  

CAI MENG/CHINA DAILY Some Western nations have been touting the so-called "overcapacity "problem of China in recent years, alleging that China's "excess capacity" in the new energy sector has disrupted and threatened the international market. The term overcapacity refers to a scenario in which production capacity of an industry exceeds market demand and expected levels, indicating a disequilibrium in the …

Why new energy 'overcapacity' claims are false
4 months, 1 week ago

Why new energy 'overcapacity' claims are false

China Daily  

CAI MENG/CHINA DAILY Some Western nations have been touting the so-called "overcapacity "problem of China in recent years, alleging that China's "excess capacity" in the new energy sector has disrupted and threatened the international market. The term overcapacity refers to a scenario in which production capacity of an industry exceeds market demand and expected levels, indicating a disequilibrium in the …

China approaches WTO over EU tariffs on electric vehicles
4 months, 2 weeks ago

China approaches WTO over EU tariffs on electric vehicles

China Daily  

Vehicles for export are parked at a port in Lianyungang, Jiangsu province, in October 2023. China took recourse to the dispute settlement mechanism of the World Trade Organization on Friday in response to the European Union's temporary anti-subsidy measures on Chinese-made batter electric vehicles, the Ministry of Commerce said. The EU's preliminary ruling lacks factual and legal basis, violates WTO …

Tariff hike fears drive Chinese EV sales
4 months, 3 weeks ago

Tariff hike fears drive Chinese EV sales

China Daily  

BYD's electric models attract visitors at a new energy auto expo in Beijing. The surge in Chinese electric vehicle sales across Europe in June was mainly driven by looming tariff threats, newly released data reveal. According to analytics company Dataforce, Chinese carmakers captured a record 11 percent of the European EV market in June. In early July, the EU announced …

Tariff hike fears drive Chinese EV sales
4 months, 3 weeks ago

Tariff hike fears drive Chinese EV sales

China Daily  

By JULIAN SHEA in London | China Daily Global | Updated: 2024-08-01 09:30 BYD's electric models attract visitors at a new energy auto expo in Beijing. The surge in Chinese electric vehicle sales across Europe in June was mainly driven by looming tariff threats, newly released data reveal. According to analytics company Dataforce, Chinese carmakers captured a record 11 percent …

Secrets behind global success of Chinese EVs
4 months, 4 weeks ago

Secrets behind global success of Chinese EVs

China Daily  

WANG XIAOYING/CHINA DAILY Editor's note: The world has undergone many changes and shocks in recent years. For this purpose, the China Watch Institute of China Daily and the National Institute for Global Strategy, Chinese Academy of Social Sciences, jointly present this special column: The Global Strategy Dialogue, in which experts from China and abroad will offer insightful views, analysis and …

Secrets behind global success of Chinese EVs
4 months, 4 weeks ago

Secrets behind global success of Chinese EVs

China Daily  

WANG XIAOYING/CHINA DAILY Editor's note: The world has undergone many changes and shocks in recent years. For this purpose, the China Watch Institute of China Daily and the National Institute for Global Strategy, Chinese Academy of Social Sciences, jointly present this special column: The Global Strategy Dialogue, in which experts from China and abroad will offer insightful views, analysis and …

As EV tariff talks continue, China urges pragmatism
5 months ago

As EV tariff talks continue, China urges pragmatism

China Daily  

China-made new energy vehicles await shipment to Europe in Xiamen, Fujian province. JIANG KEHONG/XINHUA BEIJING/BRUSSELS — China has reiterated its stance on reaching a mutually acceptable solution to a trade spat involving Chinese electric vehicles exported to the European Union as talks between the two sides continue. Indispensable EVs There has been growing consensus that the world will require significantly …

As EV tariff talks continue, China urges pragmatism
5 months ago

As EV tariff talks continue, China urges pragmatism

China Daily  

China-made new energy vehicles await shipment to Europe in Xiamen, Fujian province. JIANG KEHONG/XINHUA BEIJING/BRUSSELS — China has reiterated its stance on reaching a mutually acceptable solution to a trade spat involving Chinese electric vehicles exported to the European Union as talks between the two sides continue. Indispensable EVs There has been growing consensus that the world will require significantly …

Broad picture ties should stop the EU from imposing tariffs on Chinese EVs
5 months, 1 week ago

Broad picture ties should stop the EU from imposing tariffs on Chinese EVs

China Daily  

Workers operate at a production line of the new energy vehicle AVATR at a workshop of Chang'an Auto in Jiangbei district, Southwest China's Chongqing Municipality, July 20, 2023. The huge divide among European Union member states over the provisional tariffs imposed by the bloc on imported Chinese electric vehicles highlights the great need for the EU to think twice before …

Countering EU misconceptions about Chinese electric vehicles imperative
5 months, 1 week ago

Countering EU misconceptions about Chinese electric vehicles imperative

China Daily  

The exhibition area of BYD during the Ecar Show 2024 in Lisbon, Portugal, in May. WEN XINNIAN/XINHUA GENEVA — The EU's decision to impose provisional tariffs on electric vehicles imported from China starting July 4 has triggered strong dissatisfaction from both Chinese and European automakers, prompting the two sides to start consultations on the EU's anti-subsidy investigation of Chinese EVs …

Report faults tariffs on EVs from China
5 months, 2 weeks ago

Report faults tariffs on EVs from China

China Daily  

Workers operate at a production line of the new energy vehicle AVATR at a workshop of Chang'an Auto in Jiangbei district, Southwest China's Chongqing Municipality, July 20, 2023. China is "the only large auto market that has reached the point of consumer-led takeoff for EV sales", according to Bloomberg's recent Electric Vehicle Outlook. But it said Europe, the US, India …

Europe starts to impose car import tariffs
5 months, 2 weeks ago

Europe starts to impose car import tariffs

China Daily  

SAIC vehicles are ready for export to the Netherlands, Egypt and other countries from a port in Fuzhou, Fujian province, on March 12. However, EU countries are divided on whether to back additional tariffs on Chinese-built electric vehicles, highlighting Brussels' challenge in building support for its largest trade case yet. The German Association of the Automotive Industry, better known as …

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