Ministry of Commerce: China disagrees with and rejects the EU's final ruling on BEVs anti-subsidy

According to China News Service, the European Commission concluded its investigation on Oct. 29, imposing a five-year anti-subsidy duty on Chinese battery electric vehicles. On Oct. 30, a spokesperson from China's Ministry of Commerce responded to queries regarding the final ruling on the EU's anti-subsidy investigation against Chinese battery electric vehicles.

The European Commission's announcement stated that after concluding the investigation, the Chinese electric vehicle value chain benefitted from "unfair subsidies," posing an "economic damage threat" to EU electric vehicle manufacturers. Consequently, a five-year anti-subsidy duty will be imposed on imports of Chinese battery electric vehicles.

The announcement revealed that among the Chinese automakers who participated in the EU's sampling survey, BYD will be subjected to a 17% anti-subsidy duty, Geely Automobile will face an 18.8% duty, and SAIC Motor will incur a 35.3% duty. Other Chinese automakers that cooperated with the EU investigation but did not participate in the sampling will face a 20.7% duty. In comparison, those who did not cooperate will also be subject to a 35.3% duty.

The spokesperson from China's Ministry of Commerce noted that China firmly opposes the EU's unfair, non-compliant, and unreasonable protectionist practices in this case, and the imposition of countervailing duties on Chinese BEVs.

China firmly opposes the EU's draft definitive findings but also notes the political will expressed by the EU to continue to resolve the issue through negotiations. The Chinese and European technical teams will continue negotiations on Oct. 7. China hopes that the EU will remain sober-minded and that the imposition of tariffs will not solve any problems, but will only shake and stunt the confidence and determination of Chinese businesses in investing and cooperating with Europe.

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