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Economic news

Chinese body says EU draft on EV tariffs lacks objectivity, fairness

08/21/2024

Less than a minute

2024.08.21 07:09

BEIJING (Reuters) – The European Union’s draft findings from an anti-subsidy investigation into Chinese electric vehicles (EV) lack objectivity and fairness, a Chinese industry body said on Wednesday.

© Reuters. FILE PHOTO: Electric vehicle (EV) models are displayed at the booths of Denza, a joint venture between Mercedes-Benz Group AG and BYD Auto, and Chinese EV maker Voyah, at a shopping mall in Beijing, China November 3, 2023. REUTERS/Tingshu Wang/File Photo

The China Chamber of Commerce for Import and Export of Machinery and Electronic Products (CCCME) said it urges the European Commision to proceed from the overall interests of China-EU cooperation, and work with China to reach a balanced solution.

The CCCME will continue to respond on behalf of China’s EV industry and defend the legitimate rights and interests of Chinese EV firms through various means, it added in a statement.

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08/21/2024

Less than a minute