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European Carmakers Unhappy After EU Hits China With Tariffs On Electric Vehicles

09 Jul 2024 | Abstracted from RFI

"...investigation...concluded that the battery electric vehicles produced in China benefit from unfair subsidisation...a threat of economic injury to the EU's own electric car makers

"...German auto giant Volkswage...[stated] countervailing duties are generally not suitable for strengthening the competitiveness of the European automotive industry in the long term – we reject them

"BMW chief Oliver Zipse...it harms the business model of globally active companies."



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