China protested the EU's anti-dumping investigation. Germany and France backed the probe. Some analysts pointed to Chinese efficiency rather than unfair trading.
BYD Seagull small electric car. Investment bank UBS said it wasn’t in a position to predict the outcome of the EU investigation, but wanted to point out what it called a few relevant facts.
2) EVs still enjoy purchase tax exemption in China compared to the 10% levied on gasoline cars, but this is for domestic sales only. 4) Tesla Shanghai accounted for about 40% of China’s EV exports in the first half of 2023, of which the majority goes to Europe. “In our view, it is hard to be categorical that the net effect of these policies is to subsidize a U.S. firm that would then have a pronounced impact on the EU market,” UBS said in a research note.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
China says EU probe into Chinese electric vehicle exports, subsidies is protectionistChina's Commerce Ministry has protested a decision by the European Union to investigate exports of Chinese electric vehicles, saying it is a protectionist action aimed at distorting the supply chain.
Leer más »
China says EU probe into Chinese electric vehicle exports, subsidies is protectionistChina's Commerce Ministry has protested a decision by the European Union to investigate exports of Chinese electric vehicles, saying it is a protectionist action aimed at distorting the supply chain.
Leer más »
China says EU probe into Chinese electric vehicle exports, subsidies is protectionistChina’s Commerce Ministry has protested a decision by the European Union to investigate exports of Chinese electric vehicles, saying Thursday that it is a “protectionist” act aimed at distorting the supply chain.
Leer más »
China says EU probe into Chinese electric vehicle exports, subsidies is protectionistChina's Commerce Ministry has protested a decision by the European Union to investigate exports of Chinese electric vehicles, saying it is a protectionist action aimed at distorting the supply chain
Leer más »
Beijing blasts 'protectionist' EU probe as China EV stocks slip By ReutersBeijing blasts 'protectionist' EU probe as China EV stocks slip
Leer más »
China denounces Europe probe of EVs as 'naked protectionist' actA European Commission investigation into Chinese electric vehicles believed to have benefited from state subsidies will have a 'negative' impact on economic and trade ties, China's commerce ministry warned on Thursday.
Leer más »