Shulou(Shulou.com)11/24 Report--

Thanks to CTOnews.com netizens and soft media users for 1520111 clue delivery! CTOnews.com, September 13 (Xinhua)-- European Commission President von Delaine announced Wednesday in the European Parliament's annual State of the Union address in Strasbourg that the European Commission has launched an investigation into Chinese government subsidies to electric car manufacturers to assess whether the European Union needs to impose tariffs to protect itself from Chinese electric car manufacturers benefiting from state subsidies, CNBC reported.

"Europe is open to competition, but it does not compete at the bottom," Mr von der Lane said. " Mr von der Lane said the EU must be aware of the risks it faces. "take the electric car industry, for example, which is vital to the clean economy and has great potential in Europe, but the global market is now flooded with cheaper Chinese electric vehicles whose prices are artificially depressed by huge state subsidies." She said. "this distorts our market, just as we do not accept distortions from within the market, nor do we accept distortions from the outside."

Mr von der Lane said the EU must protect itself from unfair practices, but stressed the importance of open communication with China.

CTOnews.com noted that at present, Chinese automakers are in the leading position in the global competition for electric vehicles and are entering the European market one after another. Chinese car companies shone brightly at the just-concluded Munich auto show in Germany. European carmakers have realised that they must strive to produce lower-cost electric vehicles to compete with Chinese electric carmakers.

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