EU Commission: EV value chains in China benefit from unfair subsidies

[kmfrk]

https://ec.europa.eu/commission/presscorner/detail/en/ip_24_3231

[kmfrk]

Tariff summary:

* BYD: 17,4%

* Geely: 20%

* SAIC: 38,1%

"Other BEV producers in China, which cooperated in the investigation but have not been sampled, would be subject to the following weighted average duty: 21%.

All other BEV producers in China which did not cooperate in the investigation would be subject to the following residual duty: 38,1%."

[gbil]

I would also like that the EU at the same time runs an investigation on the EU based automotive companies and their tactics because in the last 5 years we've seen extreme price increases (25%+) on car prices. Anything else is one sided with the consumer taking the burden.

[snowpid → gbil]

" the EU based automotive companies and their tactics because in the last 5 years we've seen extreme price increases (25%+) " We have seen price increases on the EV market in general. So why focus on EU based one?

[hulitu → gbil]

> the EU at the same time runs an investigation on the EU based automotive companies

This will be very hard. They (the automotive companies) just helped them obtain new seats in the EU parliament.

[JojoFatsani]

What makes one subsidy fair and another unfair?

[johngladtj → JojoFatsani]

Whether their preferred companies are receiving it or not.