In her annual State of The EU address on Sept. 13, 2023, European Commission President Ursula von der Leyen suggested that Chinese manufacturers are dumping Chinese EVs on EU customers that are priced below what domestic manufacturers charge.
She suggested that the root cause of the problem is the heavy subsidies provided to Chinese automakers by the central government — subsidies that allow them to sell Chinese EVs at artificially low prices to the detriment of domestic companies. If so, she warned the EU would consider imposing new tariffs on Chinese cars to level the playing field.
Source: CleanTechnica: Read The Article
PSR Analysis: This is a complex issue with some industry experts luke warm about this. On one side we have cheap EVs, so that’s a win for the environment, but on the other we may have state subsidies creating an unfair competition. At this stage all we can do is wait for the result of the investigation. PSR
Guy Youngs is Forecast & Adoption Lead at Power Systems Research
