Chinese officials have warned the European Commission (EC) that its investigation into China’s electric vehicles could damage relations between the parties. In this respect reports Reuters.
European Commission on Wednesday started Investigation into a case of underestimation of the prices of electric vehicles from China. Global markets are now flooded with cheap Chinese electric cars, EC president Ursula von der Leyen said. At the same time, prices are being pushed to artificially low levels thanks to government incentives. This creates a distortion in markets, including the European market, and this is unacceptable.
In June 2023 it became: knownThe market share of electric vehicles in Europe rose to 15.1%, surpassing diesel vehicles for the first time.
Strong growth in electric vehicle sales was recorded in the largest markets. The association stated that sales increased by 90.1% in the Netherlands, 64.4% in Germany and 52% in France. A total of more than 703 thousand electric cars were sold in Europe from January to June.
happened before knownHe said the average price of a new car in Russia increased by 13.5% during the year.