China denounces Europe probe of EVs as ‘naked protectionist’ act
A 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.
The investigation launched on Wednesday will determine if punitive tariffs are warranted to protect EU producers from what European Commission President Ursula von der Leyen described as a “flood” of cheaper Chinese EV imports.
