The European Union and China have agreed to look into setting minimum prices of Chinese-made electric vehicles instead of tariffs imposed by the EU last year, a European Commission spokesperson said on Thursday.

  • aldfin@lemm.ee
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    8 days ago

    I still think free trade should prevail. Even if China is unfairly subsidizing their EV makers it should be allowed to make that mistake because China would be subsidizing European consumers and helping our energy transition and making their own industry less innovative and more dependent on subsidies. Doubtless there would be issues for European car industry but it needs to renew itself anyways and we should be looking at the overall benefits and making sure the EU market is open for trade, competition and innovation.