EU investigators to inspect China’s BYD, Geely and SAIC in EV probe

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AutomotiveEnergyTechnology

Reuters exclusively reported that 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 vehicle (EV) makers.  

Market Impact

Chinese-made vehicles’ share of the European Union’s EV market has risen to 8% and could reach 15% in 2025, with these EVs typically selling for 20% less than EU-made models.

Article Tags

Topics of Interest: AutomotiveEnergyTechnology

Type: Reuters Best

Sectors: TechnologyTransport & Logistics

Regions: AsiaEurope

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Important Regional Story



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