The European Commission announced that it will conduct an anti -subsidy investigation of China's electric vehicles. China has accused the European Union in the name of fair competition to protect its own industry.Scholars of interviewees believe that although the EU's tariffs on tariffs on Chinese car companies have a limited impact on the development of Chinese car companies, if the two parties start a trade war, they will directly impact Sino -European economic and trade.
The Chairman of the European Commission Feng Delin said on Wednesday (September 13) to publish an annual consultation to the European Parliament that the global market is now full of cheap Chinese electric vehicles, and their prices are lowered by huge state subsidies. "This is distorted.Our market.
Europe is the largest overseas market for electric vehicles in China.The European Commission pointed out that the market share of China's electric vehicles sold in Europe has risen to 8%and may reach 15%in 2025; the price of Chinese electric vehicles is usually 20%cheaper than the EU models.
The EU currently collects 10%tariffs on Chinese electric vehicles.According to Reuters, the European Commission can conduct a maximum of 13 months of investigation to decide whether to raise tariffs.Bloomberg quoted insiders that the European Union plans to be aligned with the United States and impose nearly 27.5%tariffs on Chinese electric vehicles.
A spokesman for the Chinese Ministry of Commerce responded on Thursday (14th) that China ’s investigation on the EU stated that“ highly concerned and strong dissatisfaction ”, and stated that the investigation by the European Union was based on the name of“ fair competition ”to protect its own industry in the name of“ fair competition ”In fact, it will seriously disturb and distort the global automotive industry chain supply chain, and will have a negative impact on China -Europe economic and trade relations.
A spokesman also urged the European Union to conduct dialogue consultations with China, saying that "China will closely pay close attention to the European side's protectionist tendencies and follow -up actions, and firmly protect the legitimate rights and interests of Chinese enterprises."
The EU China Chamber of Commerce also issued a statement on Wednesday, saying that the advantages of Chinese electric vehicles were not formed by relying on the so -called huge subsidies.The statement said: "If the market elimination is made only due to the source of the product, it will violate the EU's commitment to the WTO."
Affected by the above news, a number of Chinese electric vehicle companies collectively declined in Hong Kong's stock price on Thursday, of which BYD fell 1.21%, Weilai Automobile fell 0.93%, Geely Automobile fell 0.52%.
Yu Hong, a senior researcher at the East Asia Institute of Singapore, pointed out in the United Zaobao that Chinese electric vehicles have entered the European market in the past two or three years. A large number of Chinese car companies have emerged at the German Munich Car Show this month."If Europe does not take any restrictions, Chinese car companies will comprehensively occupy the European market in the next five years, which is an important background that prompted the European Union to launch an anti -subsidy survey."
Yu Hong further analyzed that the competitiveness of China's electric vehicle price is not from government subsidies, but the industrial chain advantages established in the battery field.If the EU insists on imposing punitive tariffs, although it will limit the development of Chinese electric vehicles in Europe, it will not affect the development speed of car companies and its cost -effective advantage in the global market.
"However, the China -Europe trade exchanges, especially the Sino -German trade, will be directly impacted because China is likely to take countermeasures to German car companies in China. Unlike France supporting the survey, Germany will not be happy to see China -EUFight this trade war. "
Wang Yili, a professor at the School of International Relations and Director of the EU Research Center of Renmin University of China, pointed out in an interview that the EU's anti -subsidy survey highlights the reality of China in Europe and other emerging tracks.The European Parliament Election will be held in June next year, which prompts officials such as Feng Delin to show the protection of the European market.
Wang Yilu believes that, given that the investigation process is time -consuming, the EU's internal countries have different opinions, and it is difficult to say whether the EU survey will eventually achieve substantial results."If the European Union really raises tariffs, China will definitely introduce peer measures. Considering the improvement of China -Europe relations, the best situation is that the two parties are‘ raised high and gently put down ’.
