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Chinese, EU automakers clash over EV duties

A closed-door meeting was held yesterday between major Chinese and European automotive companies. According to attendees, the Chinese automakers and industry associations present expressed strong dissatisfaction with the preliminary anti-subsidy investigation findings disclosed by the EU regarding Chinese electric vehicles. They called on the government to take decisive countermeasures, suggesting a temporary tariff increase on the import of large-displacement gasoline vehicles. European automakers at the meeting opposed the EU’s imposition of provisional anti-subsidy duties on Chinese electric vehicles, urging both sides to commence negotiations promptly to prevent the escalation of Sino-European trade tensions. Both Chinese and European automotive companies jointly called for the opposition of trade protectionism and the maintenance of rules-based free trade.

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