Reuters exclusively reported that European Commission investigators are to inspect Chinese automakers in the coming weeks as part of a probe into whether to impose punitive tariffs to protect European electric vehicle (EV) makers.
AutomotiveEnergyTechnology
EU investigators to inspect China’s BYD, Geely and SAIC in EV probe
12 January 2024, 7:42 pm 1 minute
Market Impact
Chinese-made vehicles’ share of the European Union’s EV market has risen to 8% and could reach 15% in 2025, with these EVs typically selling for 20% less than EU-made models.
Article Tags
Topics of Interest: AutomotiveEnergyTechnology
Type: Reuters Best
Sectors: TechnologyTransport & Logistics
Regions: AsiaEurope
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story
