European Commission investigators are set to visit Chinese electric vehicle (EV) makers BYD, Geely, and SAIC in China in the upcoming weeks as part of an investigation launched in October and scheduled to last 13 months. The probe aims to determine if these companies are unfairly benefiting from state subsidies, which could potentially lead to the imposition of punitive tariffs to protect European EV manufacturers. The investigation has been labeled protectionist by China and has escalated tensions between Beijing and the European Union.
EU investigators to inspect China's BYD, Geely and SAIC in EV probe - source https://t.co/lOR78eYRHr
Exclusive: EU Investigators to Inspect China's BYD, Geely and SAIC in EV Probe - Source https://t.co/rJK98Jyixm
Exclusive: EU investigators to inspect China's BYD, Geely and SAIC in EV probe - source https://t.co/iz7ISXKCUk https://t.co/rvdt1onRxm
EU investigators to inspect China's BYD, Geely and SAIC in EV probe The probe, launched in October and scheduled to last 13 months, seeks to determine whether cheaper, Chinese-made EVs benefit unfairly from state subsidies. https://t.co/jU7Wxkmd1u
🇪🇺💥🇨🇳 The probe, launched in October and scheduled to last 13 months, seeks to determine whether cheaper, Chinese-made EVs benefit unfairly from state subsidies. Called protectionist by China, the investigation has escalated tensions between Beijing and the EU. https://t.co/5dGtYQj4Ht
⚠️ EXCLUSIVE: EU INVESTIGATORS TO INSPECT CHINA'S BYD, GEELY AND SAIC IN EV PROBE - SOURCE (Reuters) 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…
🔴 EUROPEAN COMMISSION INVESTIGATORS VISITING CHINESE EV MAKERS BYD, GEELY AND SAIC IN CHINA IN COMING WEEKS, ACCORDING TO SOURCES.
🔴 EUROPEAN COMMISSION INSPECTIONS OF CHINESE EV MAKERS ARE PART OF PROBE OF CHINESE SUBSIDIES THAT COULD LEAD TO TARIFFS.