China automaker lobby warns of enormous risks and uncertainty from EU tariffs on EVs

  • Risk to Chinese firms’ operations and investment in EU ... I wonder if the EU is getting the message?

China Automobile Manufacturers Association:

  • firmly opposes EU Commissions final draft on high tariffs on Chinese made electric vehicles
  • hopes EU will adhere to dialogue and cooperation with China, maintain fair non-discriminatory market environment
  • tariff decision brings enormous risks and uncertainty for Chinese firms’ operations and investment in EU

China has overcapacity across a range of manufactured goods, EVs just one.

china car manufacturing export 11 April 2024 2

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