China anuncia un acuerdo con la UE para resolver disputa sobre importaciones de vehículos eléctricos – Chicago Tribune
Associated Press
BEIJING (AP) — China confirmed Monday that it is liaising with the European Union over exports of Chinese-made electric vehicles against the blockage.
Beijing’s Commerce Ministry said the EU would issue minimum price guidelines for exporters of automotive products. It was not directly mentioned whether the case involves ending the up to 35.3% aranceles that the EU imposed on imports of Chinese electric vehicles in 2024 during an investigation.
“This is not only beneficial to ensuring the healthy development of economic and trade relations between China and the EU, but also to safeguarding the rules-based international trade order,” said a statement from the Ministry of Commerce.
The overseas expansion of Chinese electric vehicle makers has alarmed automakers in Europe and the United States. The EU required buyers to counter an influx of comparably priced Chinese electric vehicle models into their markets, arguing that Chinese product makers had benefited from unfair government subsidies. The United States implemented a 100% guarantee on Chinese-made electric vehicles in 2024.
The value of electric vehicles imported into Europe has disappeared from $1,600 million in 2020 to $11,500 million in 2023. Most imports came from Western manufacturers with factories in China, including Tesla and BMW.
EU officials question whether China’s local automakers are at the point of finding a market with European car brands in exchange for a price thanks to Beijing’s huge subsidies. This includes procedures for government fleets, loans to smaller interests from state banks, access to barato lands for factories, tax expenditures, and subsidized raw materials and parts of state industries.
US officials are effectively blocking all imports of Chinese electric vehicles. The EU needs electric automobiles as accessories from abroad to meet its targets of reducing winter gas emissions to a 55% by 2030.
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This story was translated into English by an AP editor with the help of a generative artificial intelligence tool.
