Ottawa s EV Mandate Results in Grants to China at Cost of Domestic Producers: Auto Association Head theepochtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theepochtimes.com Daily Mail and Mail on Sunday newspapers.
It’s worried that electric cars made in China are being subsidized unfairly, with exports harming European industry. The investigation, which covers domestic brands like BYD, SAIC, and Nio as well as China-made Teslas, must now prove that subsidies from the Chinese government were indeed harmful before imposing any tariffs, which could come as soon as nine months from now.
Eurostat, the EU's statistical agency, released the latest data on car trade. China now accounts for nearly 50% of Europe's EV imports. To put this in context,.
Elon Musk tweeted an ancient Chinese poem about two brothers who fight out of jealousy, in what some Twitter users said could be an oblique reference to the Dogecoin vs Shiba Inu cryptocurrency spat.