this post was submitted on 08 Mar 2024
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EU may slap retroactive tariffs on Chinese EVs as Commission finds evidence that China has been “unfairly” subsidizing its EV exports (electrek.co)
submitted 8 months ago* (last edited 8 months ago) by 0x815@feddit.de to c/europe@feddit.de
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The European Commission says China hasn’t been playing fair in that its government has been paying subsidies through “direct transfer of funds,” among other actions, reports Reuters – which the EC says tips the balance in China’s favor and leaves European automakers out to dry.

Back in October 2023, Europe launched its formal investigation into the Chinese EV industry, as European companies are struggling to compete with the cheap, high-tech Chinese imports, made by low-cost labor, entering the European Union.

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[–] 0x815@feddit.de 0 points 8 months ago* (last edited 8 months ago)

@Nora

As the world's largest electricity producer with around 30% of global output, China still heavily depends on cheap coal. What happens in China is everything but ecological so far, unfortunately, very much as in the West.

That aside, Chinese cars are cheap not in the least through the use of forced labour in Xinjiang. It's a serious human rights problem, too.