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European Commission President von der Leyen will visit China in wake of the EU’s ongoing probe into China’s subsidies on EV industries
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Our goal is to achieve a level playing field in our trade relationship with China.”</p> <p><img src='http://s.laoyaoba.com/jwImg/410457218899.28284.jpg'></p> <p>The EU announced on October 4 to launch an investigation into new energy-electric vehicles from China. Ursula von der Leyen said on September 13, "Global markets are now flooded with cheaper Chinese electric cars, and their price is kept artificially low by huge state subsidies. This is distorting our market."</p> <p>China's new energy vehicle subsidies were completely canceled on December 31, 2022; however, EU countries still provide large subsidies to the new energy vehicle market, according to the Chinese website The Observer.</p> <p>The European Commission announced on October 25 that it sampled BYD, SAIC Motor, and Geely Automobile to launch anti-subsidy investigations. Media reports stated that a sampling method was used due to the large number of companies involved.</p> <p>However, Tesla China, one of China's largest exporters of new energy vehicles, is not within the scope of the EU investigation this time.</p> <p>The spokesperson of China's Ministry of Commerce, He Yadong, said on November 16 that sampling three companies is non-compliant with an opaque process and unfair results. The practice is suspected of violating WTO rules and EU laws. It's a discriminatory selection of Chinese electric vehicle companies and will seriously distort the results of the subsidy investigation.</p> </div> <div class="tags flex-row-feft"> <!-- —TAGGED: --> <a href="/search/supply%20chain" target="_blank" >supply chain</a > <a href="/search/von%20der%20Leyen" target="_blank" >von der Leyen</a > <a href="/search/anti-subsidy" target="_blank" >anti-subsidy</a > <a href="/search/EV%20%26%20Auto" target="_blank" >EV & Auto</a > <a href="/search/EU" target="_blank" >EU</a > <a href="/search/EV%E8%A1%A5%E8%B4%B4" target="_blank" >EV补贴</a > </div> <div class="shareList flex-row-feft"> <img src="/images/08d82def397b937d6afb4a6f9b862a8b.png" alt="linkedin" onclick="shareLinkedin()" /> <img src="/images/a0ff8165efe409e3fc922478f96afd93.png" alt="twitter" onclick="shareTwitter()" /> <img src="/images/e1163fca54550c2bd2fe0ffffd4f4fb0.png" alt="facebook" onclick="shareFaceBook()" /> <img src="/images/450cf2d3105fdd1ce67d5c3090643f07.png" alt="line" onclick="shareLine()" /> <div class="toast">Copy succeeded</div> <img src="/images/94bcdf0c33fc092bf26cdc1b10d91ea5.png" alt="link" onclick="copyfun()" /> <textarea style="position: absolute; opacity: 0; left: 0; top: 0; width: 1px" id="valid" ></textarea> </div> </div> <div class="cont-right"> <div class="read-zx-box"> <h3>RELATED<span></span></h3> <ul class="read-zx"> <li> <a href="/n/885419" target="_blank"> <p class="ell_three">Apple’s Chinese supplier Luxshare Precision gives up $330 million investment in India</p> <div class="time">11-20 17:28</div> </a> </li> <li> <a href="/n/885395" target="_blank"> <p class="ell_three">Chinese auto giant Changan Automobile plans to launch eight self-developed battery cells in the future</p> <div class="time">11-20 16:26</div> </a> </li> <li> <a href="/n/885386" target="_blank"> <p class="ell_three">Chinese electronic component company CETC mass produceds its Beidou satellite communication module for China’s major EV maker</p> <div class="time">11-20 15:55</div> </a> </li> </ul> </div> <h3>READ MOST <span></span></h3> <div class="noData"> <img src="https://s.laoyaoba.com/jiwei/weben/noData.png" alt="No Data" /> <p>No Data Yet～</p> </div> </ul> </div> </article> </div> <style> footer { width: 100%; 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