EU tariff decision on Chinese EVs denounced
6 months, 1 week ago

EU tariff decision on Chinese EVs denounced

China Daily  

Workers operate at a production line of SAIC-GM-Wuling in Liuzhou, Guangxi Zhuang autonomous region, in May. Furthermore, it is a blatant act of protectionism that will escalate trade friction and undermine fair competition under the guise of "maintaining fair competition", which will not only jeopardize the legitimate rights and interests of China's electric car industry, but also disrupt the global automotive supply chain, the spokesperson said. In a statement on Wednesday, the Chinese Chamber of Commerce to the EU expressed "its shock, grave disappointment and deep dissatisfaction with the protectionist trade measure" by the European Commission. "In contrast, numerous European industry representatives have voiced concerns regarding the investigation, citing potential negative impacts on Chinese and European BEV supply chains, innovation and market cooperation," the CCCEU said, adding that the chamber and the Chinese car industry also share these concerns. Carl Bildt, co-chair of the European Council on Foreign Relations and a former Swedish prime minister, said on social media on Wednesday that he's "not too worried by what is said to be Chinese EV subsidies — if they want to subsidize the EU green transition, which really needs to speed up, then it's OK with me."

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History of this topic

Not the time to spin wheels
5 days, 16 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, 3 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 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
4 weeks, 1 day 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
4 weeks, 1 day 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 …

Optimistic signals from China on trade talks with the EU
1 month ago

Optimistic signals from China on trade talks with the EU

NL Times  

China and the European Union have reached "technical agreement" on a number of points in their talks on reducing or reversing import duties imposed by the EU on electric vehicles produced in China. In response, the EU has increased import duties on electric cars from China, sometimes by up to ten percent. China and the EU held talks on the …

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 …

Czechia, Italy call for delay on emission fines in EU
1 month, 2 weeks ago

Czechia, Italy call for delay on emission fines in EU

China Daily  

The governments of Czech Republic and Italy will team up at this week's European Council summit in Budapest to call for a delay on the imposition of emission-related fines on European carmakers scheduled for introduction next year, citing falling demand for electric vehicles, or EVs. "They can't meet the target because interest in electric cars has fallen across the EU," …

China appeals to WTO over EU's final ruling of countervailing measures on Chinese EVs: commerce ministry
1 month, 2 weeks ago

China appeals to WTO over EU's final ruling of countervailing measures on Chinese EVs: commerce ministry

China Daily  

BEIJING -- China on Monday appealed to the World Trade Organization against the EU's final ruling of countervailing measures on Chinese electric vehicles, according to China's commerce ministry. China firmly opposes the final measures of the EU to impose high countervailing duties on Chinese-made EVs, despite a barrage of objections raised by relevant parties, including the governments of EU member …

MOC: Beijing has always supported positive ties between China, Europe car industries
1 month, 3 weeks ago

MOC: Beijing has always supported positive ties between China, Europe car industries

China Daily  

A SAIC model is driven into a cargo ship headed to Europe. China has consistently supported and encouraged mutually beneficial economic and trade cooperation between the Chinese and European automotive industries, said the Ministry of Commerce on Thursday. Speaking at a weekly briefing in Beijing, He Yadong, the spokesman for the ministry, stressed that China has continuously maintained an open …

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 …

On EU EV Tariffs, China Adopts a Divide-and-Conquer Strategy
2 months ago

On EU EV Tariffs, China Adopts a Divide-and-Conquer Strategy

The Diplomat  

Spanish Prime Minister Pedro Sanchez made a four-day official visit to China from September 8 to 11. It’s no coincidence that, after these engagements, Sanchez urged the European Union to “reconsider” the imposition of tariffs on Chinese electric vehicles. The day after Sanchez publicly called for the European Commission to rethink the tariffs, China’s Foreign Ministry spokesperson Mao Ning praised …

Paris Motor Show opens during a brewing EV trade war between the EU and China
2 months, 1 week ago

Paris Motor Show opens during a brewing EV trade war between the EU and China

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. Chinese manufacturers are attending in …

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 …

Chinese carmakers sell fewest EVs in Europe since February 2023
2 months, 3 weeks ago

Chinese carmakers sell fewest EVs in Europe since February 2023

Hindustan Times  

Chinese manufacturers sold the fewest electric cars in 18 months to customers across Europe, with registrations falling by nearly half in August from a year earlier. MG, the British nameplate that’s now part of SAIC Motor Corp., lost its top spot across Europe to Chinese rival BYD Co., according to Jato Dynamics, which also tracks the automotive market. Uncertainty tied …

Cooperation between China, Europe called key for future of electric vehicle industry
3 months ago

Cooperation between China, Europe called key for future of electric vehicle industry

China Daily  

Workers operate at a production line of SAIC-GM-Wuling in Liuzhou, Guangxi Zhuang autonomous region, in May. China has vowed to continue negotiations until the very last moment in response to the European Union's anti-subsidy probe into battery electric vehicles produced in China, Minister of Commerce Wang Wentao said on Wednesday. The future success of the automotive industry in both China …

Cooperation between China, Europe called key for future of electric vehicle industry
3 months ago

Cooperation between China, Europe called key for future of electric vehicle industry

China Daily  

Workers operate at a production line of SAIC-GM-Wuling in Liuzhou, Guangxi Zhuang autonomous region, in May. China has vowed to continue negotiations until the very last moment in response to the European Union's anti-subsidy probe into battery electric vehicles produced in China, Minister of Commerce Wang Wentao said on Wednesday. The future success of the automotive industry in both China …

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 …

China urges fair treatment for EVs in Europe
3 months, 1 week ago

China urges fair treatment for EVs in Europe

China Daily  

China expressed its disappointment with the European Commission's recent decisions regarding the EU's anti-subsidy investigation into Chinese electric vehicles, stressing it will take all necessary measures to defend the interests of its businesses, as announced by the Ministry of Commerce on Friday. On Sept 12, a spokesperson for the European Commission stated that the price commitment solutions submitted by the …

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 …

China open to further consultations concerning the EU's anti-subsidy case
3 months, 2 weeks ago

China open to further consultations concerning the EU's anti-subsidy case

China Daily  

BEIJING -- China's Ministry of Commerce on Tuesday expressed willingness to engage in further consultations with the European Union concerning the anti-subsidy case involving Chinese electric vehicles. The EV case is complex and has a wide impact, and there are certain challenges facing the quest for China and the EU to reach an agreement through consultation, the spokesperson noted, adding …

China open to further consultations concerning the EU's anti-subsidy case
3 months, 2 weeks ago

China open to further consultations concerning the EU's anti-subsidy case

China Daily  

Xinhua | Updated: 2024-09-10 20:35 BEIJING -- China's Ministry of Commerce on Tuesday expressed willingness to engage in further consultations with the European Union concerning the anti-subsidy case involving Chinese electric vehicles. The EV case is complex and has a wide impact, and there are certain challenges facing the quest for China and the EU to reach an agreement through …

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 …

The wheels have come off Britain’s car industry – here’s how to get it back on the road
3 months, 2 weeks ago

The wheels have come off Britain’s car industry – here’s how to get it back on the road

The Independent  

Ask anyone involved in the British motor industry or the car trade what their biggest challenges have been over the past few years and for most, three words will immediately come to mind: Brexit. As Nowak points out, the “reset” could “ease pressures on supply chains, which is really important in sectors like automotive and aerospace … Because nobody builds …

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 …

Dairy imports from EU face probe
4 months ago

Dairy imports from EU face probe

China Daily  

China's decision to launch an anti-subsidy probe into certain dairy products imported from the European Union fully aligns with domestic laws and World Trade Organization rules, said a commerce official on Thursday. In a statement released by the Brussels-based China Chamber of Commerce to the EU earlier this week, the chamber said that the development of the European EV industry, …

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 …

Dairy imports from EU face probe
4 months ago

Dairy imports from EU face probe

China Daily  

China's decision to launch an anti-subsidy probe into certain dairy products imported from the European Union fully aligns with domestic laws and World Trade Organization rules, said a commerce official on Thursday. In a statement released by the Brussels-based China Chamber of Commerce to the EU earlier this week, the chamber said that the development of the European EV industry, …

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, …

Commission's wrong, unreasonable and noncompliant move not good for EU: China Daily editorial
4 months ago

Commission's wrong, unreasonable and noncompliant move not good for EU: China Daily editorial

China Daily  

China-made new energy vehicles await shipment to Europe in Xiamen, Fujian province. JIANG KEHONG/XINHUA The Chinese Commerce Ministry has denounced the European Commission for engaging in "unfair competition" under the guise of "fair competition", saying that it will take all necessary measures to defend the legitimate rights and interests of Chinese enterprises after the commission announced additional tariffs on Chinese …

Automakers 'gravely concerned' over any long-term EU tariffs
4 months ago

Automakers 'gravely concerned' over any long-term EU tariffs

China Daily  

Export-bound battery-powered electric vehicles await shipment at Yantai Port, Shandong province. TANG KE/FOR CHINA DAILY Chinese makers of battery-powered electric vehicles are "gravely concerned" over any European Commission move to levy long-term countervailing duties on imports of BEVs from China, as they are seriously considering Europe as a major investment destination, said the China Chamber of Commerce for Import and …

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 makers of BEVs voice concern over potential EU duties
4 months, 1 week ago

Chinese makers of BEVs voice concern over potential EU duties

China Daily  

A ro-ro ship carrying Chery vehicles is set to travel to overseas markets from a port in Wuhu, Anhui province, in May. Chinese makers of battery-powered electric vehicles are "gravely concerned" over any European Commission's move to levy countervailing duties on the imports of battery electric vehicles from China, while they are seriously considering Europe as an investment destination, said …

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 …

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