this post was submitted on 08 Mar 2024
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EU may slap retroactive tariffs on Chinese EVs as Commission finds evidence that China has been “unfairly” subsidizing its EV exports (electrek.co)
submitted 6 months ago* (last edited 6 months ago) by 0x815@feddit.de to c/europe@feddit.de
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The European Commission says China hasn’t been playing fair in that its government has been paying subsidies through “direct transfer of funds,” among other actions, reports Reuters – which the EC says tips the balance in China’s favor and leaves European automakers out to dry.

Back in October 2023, Europe launched its formal investigation into the Chinese EV industry, as European companies are struggling to compete with the cheap, high-tech Chinese imports, made by low-cost labor, entering the European Union.

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[–] crazyminner@lemmy.ml 13 points 6 months ago (3 children)

China actually doing something about the climate crisis, and they actively get in the way. Shows how far our govs will go to prevent us from fixing this world.

[–] bilboswaggings@sopuli.xyz 12 points 6 months ago

A lot of electricity is still made with fossil fuels and new cars (even electric) are worse for the environment than buying used

On top of that China is trying to get rid of competition with subsidies

It's not as black and white as you think

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