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EU, China explore setting minimum prices on Chinese EVs Negotiations set to start immediately German auto industry supports negotiations BERLIN, April 10 (Reuters) - The European Union and China ...
BERLIN: The European Union and China have agreed to look into setting minimum prices on Chinese-made electric vehicles instead of tariffs imposed by the EU last year, a European Commission ...
EU trade commissioner Maros Sefcovic spoke with China's commerce minister Wang Wentao in the last 24 hours and both sides agreed to look into setting minimum prices, the EU spokesperson said.
Experts like Zeng Zhiling, automotive market director for Asia Pacific at consulting firm GlobalData, believe that minimum prices are more beneficial to Chinese EV manufacturers than tariffs.
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