US EditionChina Says Talks with EU on Electric Vehicle Minimum Price Plan Resumed
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11 Articles
The Ministry of Trade in China has said that negotiations with the European Union on a minimum price plan for electric vehicles produced in China have been resumed and will continue next week, during...
Channel News Asia
China says talks with EU on electric vehicle minimum price plan resumed
BEIJING: China's commerce ministry on Thursday (Dec 11) said negotiations with the European Union over a minimum price plan for China-made electric vehicles have restarted and would continue into next week, while urging the bloc not to talk independently with manufacturers.The 27-member bloc approved duties o
China and EU Revive Talks on Electric Vehicle Price Plan
China's negotiations with the EU over a minimum price plan for China-made electric vehicles have resumed. The EU had approved duties due to alleged subsidies. China seeks a minimum price agreement as an alternative. The outcome is critical for Chinese automakers facing domestic challenges.
Remember, it was just a year ago. After long months of investigation, the European Union decided to impose variable customs duties on various Chinese car manufacturers of electric cars present on the continent. Up to 45.3% of customs duties on imported Chinese electric cars The European Commission at the time suspected Beijing to finance lightly – and illegally – its manufacturers to help them develop in the International, financing that ran cou…
The China Ministry of Trade confirmed the resumption of negotiations with the European Union on a minimum price mechanism for imported electric vehicles. China's objective is to replace tariffs with a floor tariff commitment. The return to the discussion table a few months ago, the atmosphere was cold. By validating punitive tariffs that could rise to 45.3% on electric vehicles "made in China", Brussels thought to protect its industry.
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