Looks like there's a storm brewing between China and the European Union over electric vehicles (EVs) 🌩️🚗! The Chinese Ministry of Commerce just called out the EU for making some seriously over-the-top demands in its anti-subsidy probe into Chinese EVs. According to ministry spokesperson He Yadong, the EU asked for \"unprecedented\" amounts of information that go way beyond what's necessary.
So, what's the deal? 🤔 The European Commission (EC) recently proposed high provisional tariffs on Chinese EVs after a preliminary investigation. But to get there, they required a ton of info from Chinese EV and battery makers—think production secrets, technical processes, even details about battery compositions and supply chains! 📊🔍
Chinese companies say they were \"shocked and disappointed\" 😢 because they provided the best info they could, but the EC still accused them of not fully cooperating. The EC even threatened unfavorable rulings if the companies didn't spill all the details. Yikes!
The Chinese Ministry of Commerce isn't having it. They argue that the EU's move lacks a factual and legal basis, disregards World Trade Organization rules, and undermines fair competition as well as global efforts for a green transition 🌍💚. China is firmly opposed and says it'll take all necessary measures to protect its firms.
This spat could heat up the global EV scene 🌐⚡️. Stay tuned to see how this power play unfolds!
Reference(s):
China says EU's demand for information in EV probe exceeded its scope
cgtn.com
