The Chinese diplomatic mission to the WTO said it ‘strongly opposes’ the measures and insisted its move was designed to protect the EV industry and support a global transition toward greener technologies
China has moved forward with a complaint at the World Trade Organization that alleges the European Union has improperly set anti-subsidy tariffs on new Chinese-made electric vehicles.
The European bloc announced last month it was imposing import duties of up to 35 per cent on electric vehicles from China, alleging the Chinese exports were unfairly undercutting EU industry prices. The duties are set to remain in force for five years, unless an amicable deal can be struck.
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