Voice for CHOICE #40: Unpacking the EU-China EVs Standoff with Gregor Sebastian
In October 2023, The European Commission launched an anti-subsidy investigation into the imports of Chinese battery electric vehicles. Furthermore, the commission has instructed customs authorities to start registering the import of electric vehicles from China so that the EU could impose retroactive tariffs.
As the decision day on whether to impose definitive duties approaches, Beijing becomes increasingly agitated. Meanwhile, Chinese carmakers BYD and Geely-owned Volvo are ramping up investments in electric vehicle (EV) production across Central Europe, with other companies likely to follow suit. While these investments are generally welcomed by local governments, they are viewed by some as posing additional risks to the European automotive industry.
This month’s guest
- Gregor Sebastian, Senior Analyst at Rhodium Group.