Chinese electric car makers fear probe will ban them from EU

Capt. John

CHINA’S electric vehicle (EV) builders have hit a roadblock after the European Commission (EC) launched an anti-subsidy investigation, reports Hong Kong’s South China Morning Post. Chinese EV makers expect the inquiry will affect annual exports of more than two million battery-powered vehicles projected to be sold in the continent by 2030. A decision to impose tariffs higher than the standard 10 per cent rate for Chinese-made electric cars in the European Union (EU) may also trigger a...

https://www.seanews.com.tr/chinese-electric-car-makers-fear-probe-will-ban-them-from-eu/198434/

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