‘No race to the bottom’: Europe probes China over dumping of electric vehicles

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‘No race to the bottom’: Europe probes China over dumping of electric vehicles
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The EU chief said China was flooding the market with cheap electric vehicles which was distorting Europe’s market.

Employee conducts quality control checks on a Volkswagen AG ID.5 electric sport utility vehicle in Zwickau, Germany.“So I can announce today that the Commission is launching an anti-subsidy investigation into electric vehicles coming from China.MEPs applauded von der Leyen’s announcement.

“It is our European duty, to prevent the Union from falling into a trap of any sort of dependency from any autocracy ever again.” Although the investigation is in line with recent French requests for Europe to take a harder line on Chinese EVs saturating the market, work on beginning an inquiry has been taking place since the start of the year.

Around 5 per cent of that was made up in sales by MG which is Chinese-developed, produced and designed but positioned as British.

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