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CCTV News reported that the European Commission imposed high anti-subsidy duties on Chinese electric vehicles. The China Association of Automobile Manufacturers stated that the European Commission’s arbitration information seriously distorted the facts of China’s electric vehicle industry. The association expressed strong dissatisfaction and resolute opposition on behalf of the Chinese automobile industry.
The China Association of Automobile Manufacturers pointed out that this arbitration by the European Commission has brought great risks and uncertainties to Chinese companies’ operations and investment in Europe, damaged the confidence of Chinese companies in operating and investing in Europe, and will have a serious adverse impact on promoting the development of the EU’s automotive industry, increasing local employment opportunities in the EU, and achieving green and sustainable development.
The China Association of Automobile Manufacturers hopes that the EU will, based on the overall situation of China-EU industrial cooperation, insist on dialogue and cooperation, jointly maintain a fair, non-discriminatory and predictable market environment for the development of the China-EU and even global automobile industries, and jointly maintain the security of the global automobile industry chain and supply chain.
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