Representatives of the European Commission will conduct an inspection at Geely, SAIC and BYD car factories to find out whether officials are helping to make electric cars 20 percent cheaper than those produced in the eurozone. In this respect he is writing Reuters quotes three sources.
According to them, whether protective taxes will be imposed on Chinese companies to protect the continent’s market will depend on the results of the audit.
The EC has been investigating since October last year and new visits to China are planned for April 11. The investigation is expected to last 13 months. However, EC representatives will not visit some factories producing electric cars outside China, including Tesla, Renault and BMW. The investigation, which China described as protectionist, led to increased tensions between Beijing and the EU.
The EC confirmed that they will conduct visits to the institution.
“The Commission has selected a representative sample of Chinese and European manufacturers who have already responded to the surveys,” European Commission trade spokesman Olof Gill said.
He announced that verification visits will take place in January-February 2024.
Again on the eve of Tesla reduced Electric vehicle prices are in a competitive struggle in China.
Previously Tesla announced about the temporary closure of most workshops in Germany due to a shortage of spare parts.