China has been accused of dumping cheap electric cars on EU countries. But poor sales, price wars and tariff threats have prompted a mood change among some Chinese auto producers.

European policymakers warned a few months ago that the continent was being flooded with cheap Chinese electric vehicles. They accused Beijing of backing major production overcapacity to allow China’s automakers to grow their share of the global EV market.

The European Commission, the EU’s executive arm, launched an anti-subsidy probe into the oversupply issue late last year and warned China’s EV makers that they could face a new import tariff to offset what Brussels said was unfair competition for European carmakers.

The United States is due to levy a 100% import tax on Chinese-made electric cars, up from the current 25%, which will effectively keep Chinese automakers out of the US market. The EU currently levies a 10% tariff.

    • RubberDuck@lemmy.world
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      6 months ago

      Sure… we need Evs at half the price point we see currently. The luxury SUV is a cash cow for the carmakers so there is their focus currently.

      The cash subsidies was first unlimited, now in the Netherlands it is capped at cars of 50k. Next stage it will be capped at 20k I believe.

      The market is being transformed from expensive to cheap. I’m confident we will get there.

      And the BYD proposition looks awesome. So I hope something is done. But letting chinese subsidied cars wreak unfeathered havoc should also not be the way to go. Just like string free protection of the European car makers is also not the way to go.