EU Commission: EV value chains in China benefit from unfair subsidies

  • Tariff summary:

    * BYD: 17,4%

    * Geely: 20%

    * SAIC: 38,1%

    "Other BEV producers in China, which cooperated in the investigation but have not been sampled, would be subject to the following weighted average duty: 21%.

    All other BEV producers in China which did not cooperate in the investigation would be subject to the following residual duty: 38,1%."

  • I would also like that the EU at the same time runs an investigation on the EU based automotive companies and their tactics because in the last 5 years we've seen extreme price increases (25%+) on car prices. Anything else is one sided with the consumer taking the burden.

  • What makes one subsidy fair and another unfair?