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  • fer0n@lemm.eetoEurope@feddit.deEurope is about to crack down on Chinese electric cars
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    1 year ago

    I‘m sure it’s not as simple, but my first take on this was: Europe doesn’t invest in EVs, but China does. They start to loose the Chinese market and are about to loose their own market to China as well. Then politics steps in to “rescue” their own companies but all that does is shelter them from the pressure to adapt and evolve, and in the end they’re beyond hope and left in the dust while the advanced Chinese cars dominate everything.

    Countering subsidies with import taxes is a different story ofc. But it certainly feels like the European car industry is in decline and it’s probably their own fault. If not in Europe most certainly in China.

    I should add that I have no idea what I’m talking about here, so feel free to tell me where I’m wrong.


  • TL;DR: The European Commission is launching an anti-subsidy investigation into Chinese electric vehicle makers, potentially leading to higher import duties. This move aims to protect Europe’s auto industry and address concerns of dependency on China. If Chinese EVs are found to have an unfair advantage due to subsidies, it could impact their growth in Europe and lead to retaliatory measures. The investigation reflects growing geopolitical tensions and could influence the global EV market. (via ChatGPT)