Politicized protection hurts cooperation: China Daily editorial
6 months, 1 week ago

Politicized protection hurts cooperation: China Daily editorial

China Daily  

Geely's electric vehicle brand Zeekr showcases its models at the 2024 Beijing International Automotive Exhibition, April 25. Slammed by China's Commerce Ministry as a "naked protectionist act" that creates and escalates trade frictions by "destroying fair competition" in the name of "maintaining fair competition", the European Union is imposing anti-subsidy tariffs of up to 38.1 percent on electric vehicles shipped from China from July 4, on top of the 10 percent duties for all imported EVs. Rather than being in response to the "threat of economic injury" to EV producers in Europe as a result of the "unfair subsidies" the Chinese automakers enjoy, as it said when announcing the tariffs, "the European Commission is holding high the banner of green development with one hand and wielding the big stick of 'protectionism' with the other hand to politicize and weaponize economic and trade issues", as the Commerce Ministry said in a statement in response to the announcement. Even if they are imposed, the higher tariff rates will not prevent Chinese EVs from entering the EU market, they just mean EU consumers will foot the bill for the commission's power play. As the Chinese EV maker Nio said in a statement, the commission's move hinders rather than promotes global environmental protection, emissions reduction and sustainable development, all of which the EU is trying to claim leadership in.

China Commission Beijing Chinese Evs  hurts  protection  trade  daily  policymakers  european  politicized  china  commissions  editorial  eu  tariffs  commission  cooperation  chinese  evs

History of this topic

Not the time to spin wheels
5 days, 13 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, …

China automakers pivot to hybrids for Europe to counter EV tariffs
2 weeks, 5 days ago

China automakers pivot to hybrids for Europe to counter EV tariffs

Live Mint  

* China hybrid exports to Europe to grow 20% this yr, analyst says * Chinese automakers challenge European and Japanese dominance * Cheaper and more fuel-efficient models to enter the market SHANGHAI, - Automakers in China are ramping up exports of hybrid vehicles to Europe and planning more models for the key market, exposing the limits of the European Union's …

BYD prepares to go for the kill in Chinese EV market, leaked letter shows plans to intensify price war
3 weeks, 5 days ago

BYD prepares to go for the kill in Chinese EV market, leaked letter shows plans to intensify price war

Firstpost  

BYD’s aggressive pricing strategy appears to be paying off — the Chinese EV maker recently overtook Tesla in revenue for the first time, reporting a gross margin of 21.9 per cent, its highest in a year Unlike some of its rivals, BYD has not only weathered the price war but emerged stronger. The leaked email highlights BYD’s readiness to further …

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  

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 …

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 …

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 …

How electric car sales have slumped around the world
1 month, 3 weeks ago

How electric car sales have slumped around the world

Daily Mail  

Electric vehicles have been touted as an environmentally-friendly solution to the climate crisis, giving passengers a smooth, emissions-free ride. Meanwhile, Chinese car manufacturer BYD – the world's largest seller of electric vehicles – saw global EV sales crash earlier this year. Electric vehicles run on energy from a charged battery much like a smartphone but come with hefty pricetags – …

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 …

Shift toward EVs, particularly in China, could disrupt global oil market, energy report says
2 months, 1 week ago

Shift toward EVs, particularly in China, could disrupt global oil market, energy report says

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US 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 {{ /verifyErrors …

Crackdown on petrol cars will trigger ‘massive shrinking of industry’, warns BMW chief
2 months, 1 week ago

Crackdown on petrol cars will trigger ‘massive shrinking of industry’, warns BMW chief

The Telegraph  

A European crackdown on petrol cars will trigger a “massive shrinking” of the Continent’s vast automotive industry, the boss of BMW has claimed. Speaking at the Paris Automotive Show, Oliver Zipse warned that new rules leading to a ban on combustion engine vehicles by 2035 would put Europe’s carmakers at a disadvantage compared to their Chinese rivals. But on Tuesday, …

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, European EV professionals call for cooperation, oppose trade protectionism
2 months, 3 weeks ago

Chinese, European EV professionals call for cooperation, oppose trade protectionism

China Daily  

An employee works at an auto production line in Wuhan, Central China's Hubei province. HAIKOU - Both Chinese and European electric vehicle makers and experts are calling for global cooperation and opposing trade protectionism at the ongoing 2024 World New Energy Vehicle Congress. The automobile industry is an industry of global cooperation, and Geely always adheres to free trade and …

Chinese, European EV professionals call for cooperation, oppose trade protectionism
2 months, 3 weeks ago

Chinese, European EV professionals call for cooperation, oppose trade protectionism

China Daily  

An employee works at an auto production line in Wuhan, Central China's Hubei province. HAIKOU - Both Chinese and European electric vehicle makers and experts are calling for global cooperation and opposing trade protectionism at the ongoing 2024 World New Energy Vehicle Congress. The automobile industry is an industry of global cooperation, and Geely always adheres to free trade and …

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 …

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

Chinese electric cars ‘could be weaponised’ in Britain
3 months, 1 week ago

Chinese electric cars ‘could be weaponised’ in Britain

The Telegraph  

Chinese electric vehicles being driven in Britain could be “weaponised” and should be banned from government use, a report has warned. Modules within Chinese-made electric vehicles could transmit sensitive data back to the country or even be remotely controlled, the China Strategic Risks Institute warned. The report said the vehicles present a potentially greater security risk than petrol-powered vehicles because …

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 …

Why Britain is standing aside as the West battles cheap Chinese electric cars
3 months, 1 week ago

Why Britain is standing aside as the West battles cheap Chinese electric cars

The Telegraph  

Within weeks, nearly all of Britain’s closest allies will have hit Chinese electric vehicles with crippling trade tariffs. The decision has prompted warnings that the UK has made itself a prime target for “dumping” by manufacturers, as cut-throat competition at home drives Chinese brands to seek more profitable sales abroad. According to Whitehall and industry sources, the answer boils down …

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 …

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 …

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 …

Practical Sino-German cooperation boon for both
3 months, 3 weeks ago

Practical Sino-German cooperation boon for both

China Daily  

Employees of BMW Brilliance Automotive work on the production line in Shenyang, Liaoning province, in May. CHINA DAILY After the European Commission announced that it would impose high tariffs on Chinese new energy vehicles, German automakers such as BMW, Volkswagen and Mercedes-Benz expressed their opposition. "We don't think that our industry needs protection," BMW CEO Oliver Zipse was reported by …

EU action will hurt trade partnership
3 months, 3 weeks ago

EU action will hurt trade partnership

China Daily  

A SAIC model is driven into a cargo ship headed to Europe. Protectionist moves by the European Union, particularly those targeting Chinese electric vehicles, will affect mutual trust and cooperation between China and the EU, market watchers and industry leaders said. "The EU's protectionist actions will damage China-EU economic and trade cooperation, disrupting ongoing consultations and negotiations between the two …

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 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 …

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, …

Discover Related