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

According to news on September 21, the European Union recently announced a countervailing investigation into electric vehicles in China, causing a great deal of controversy. On Wednesday, a senior EU official commented that it was "a long way" from Europe to impose new tariffs on Chinese electric vehicles.

"We are still a long way from imposing import duties on Chinese electric vehicles. I mean, this investigation must be conducted impartially and properly handled," European Commission vice-president Maro Marossev Covic explained in an interview.

The European Commission surprised many when it announced last week that it would launch a countervailing investigation into China's electric car market. They argue that China's massive subsidies keep the price of electric cars in China low, so cheaper Chinese electric cars are pouring into the European market.

"China is highly concerned and strongly dissatisfied with this," a spokesman for China's Ministry of Commerce said in a statement. China will pay close attention to the protectionist tendencies and follow-up actions of the European Union and resolutely safeguard the legitimate rights and interests of Chinese enterprises. "

According to the European Commission, countervailing investigations could last as long as 13 months. Specifically interim measures must be implemented no later than nine months and then final measures within four months where legally necessary.

But Mr Covic said: "at the same time, it is clear that we must redouble our efforts to ensure that our car industry remains very competitive. We have always been proud of making the best, safest and cleanest cars in Europe."

This year, the sales share of Chinese-made electric cars in Europe has risen to 8%. European officials believe the proportion could reach 15 per cent by 2025.

In addition, European officials point out that the price of electric cars made in China is about 20% lower than that made in the European Union. The EU is increasingly concerned about the state of the electric car market as the 2035 deadline for banning the sale of new diesel vehicles is approaching.

"We have a lot of cooperation with the battery industry and carmakers," said Schiff Covic. I am organizing different industry round tables to discuss closely with the European auto industry their needs and where we can help so that we can launch more electric car models and maintain strong competitiveness in European and global markets. "

The European Union imposes a 10% tariff on all imported cars, while the United States has an even higher tariff of 27.5%.

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