Asia

How Governments Are Responding To Chinese BEV Imports

Asia

How Governments Are Responding To Chinese BEV Imports

EU anti-subsidy probe 4th October 2023: European Commission launches investigation into Chinese EV subsidies claiming that "the global market is flooded with cheaper electric vehicles, the price of which is kept artificially low owing to huge state subsidies". "It may result in the Commission levying countervailing tariffs on EU imports of BEVs from China”

Chinese BEV exports grew 123%

Source: European Commission, CRU Group, CRU Group

Almost 30% of EU BEV sales in 2023 were imported

Most exports from China are western OEMs, but Chinese are growing in share

Extracted from the PDF; charts and images may read imperfectly.