China-EU electric vehicle industry dispute escalates: EU launches investigation into Chinese subsidies

On September 14, the European Union announced that it would launch a countervailing investigation into China’s electric vehicles, which aroused great concern and dissatisfaction from China. A spokesman for the Ministry of Commerce said that the EU's move is seen as a naked protectionist act that will seriously disrupt the global automotive industry chain and supply chain and have a negative impact on China-EU economic and trade relations.

According to the editor’s understanding, Ursula von der Leyen, President of the European Commission, announced on September 13 that the EU will investigate subsidies to Chinese electric vehicle manufacturers. Von der Leyen argued that Europe is open to competition, but does not pursue zero-sum competition and must be clearly aware of the risks faced by the EU

This news came out Later, the Chinese Ministry of Commerce responded quickly, urging the EU to maintain the stability of global industrial and supply chains and the China-EU comprehensive strategic partnership as the overall goal, conduct dialogue and consultation with China, create a fair, non-discriminatory, and predictable market environment, and jointly oppose trade protectionism and jointly commit to global efforts to combat climate change and achieve carbon neutrality.

At the recently concluded Munich Auto Show, Chinese car companies achieved remarkable results. However, the EU moved quickly to launch a countervailing investigation into Chinese electric vehicles. This move sparked widespread concern and discussion. The dispute between the two parties will become an important issue in international trade relations and requires further observation and resolution

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