How Europe wants to punish Chinese carmakers

6 March 2024, 2:10 pm

AutoInformed
How Europe wants to punish Chinese carmakers
Image: CarExpert
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How Europe wants to punish Chinese carmakers
Image: CarExpert

AutoExec Summary
The European Commission is considering imposing tariffs on Chinese electric vehicles to protect the domestic car industry. The investigation into alleged subsidies for Chinese carmakers is due to conclude in November, with concerns that the low prices of Chinese EVs are undercutting European rivals. The US Government has also launched a probe into whether Chinese EVs are gathering sensitive data.

Brands mentioned: MG, Volkswagen, DFSK, GWM, Stellantis

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