In a bold move, China has declared the European Union's anti-subsidy probe into its electric vehicles (EVs) as lacking \"factual and legal basis.\" 🚫⚖️ He Yadong, spokesperson for the Chinese Ministry of Commerce, voiced this stance on Thursday, just a day after the European Commission announced plans to slap additional tariffs of up to 38.1% on EVs made in China starting July. 😲
The EU's decision follows concerns over alleged subsidies provided by the Chinese government to its EV manufacturers, which the EU claims could distort the market. But China isn't having it! 😤 He Yadong emphasized that the probe is unjustified and could hinder the development of the global EV industry. 🌍🔌
This clash could escalate trade tensions between the EU and the Chinese mainland, affecting not just car enthusiasts but also the future of clean energy adoption worldwide. 🚗💨🌱
Will this be a speed bump in the global EV race, or can both sides find a middle ground? Stay tuned! 🧐✨
Reference(s):
China says EU's anti-subsidy probe lacks factual and legal basis
cgtn.com
