China takes EU’s EV tariff stoush to WTO

13 August 2024, 8:28 am

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China takes EU’s EV tariff stoush to WTO
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China takes EU’s EV tariff stoush to WTO
Image: GoAuto

AutoExec Summary
China has filed a complaint with the World Trade Organisation (WTO) against the European Union’s decision to impose anti-subsidy duties on Chinese-made electric vehicles. The Chinese Ministry of Commerce stated that the EU’s action undermines global cooperation on climate change and violates WTO rules. This move comes after the EU imposed provisional tariffs on some Chinese EV brands, sparking tensions between the two regions. Chinese-made EVs had recently captured an 11% share of the European market, prompting buyers to rush for purchases before the tariffs took effect. Beijing has threatened retaliation against European industries and demanded a new tariff hearing. The dispute reflects growing tensions between China and the EU.

Brands mentioned: SAIC, Stellantis

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