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On August 20, the European Commission released the final ruling on the anti-subsidy investigation of Chinese electric vehicles, and will impose high tariffs on Chinese-made electric vehicles. In response, the China Association of Automobile Manufacturers said today (August 21):The European Commission's arbitration information seriously distorts the facts of China's electric vehicle industry. The China Association of Automobile Manufacturers expressed strong dissatisfaction and resolute opposition on behalf of the Chinese automobile industry.

According to information disclosed by the European Commission, three sampled Chinese electric vehicle companiesBYD、auspiciousThe anti-subsidy rates for SAIC are 17.0%, 19.3% and 36.3% respectively.TeslaThe anti-subsidy tax rate is 9%, the average tax rate for cooperating enterprises is 21.3%, and the tax rate for non-cooperating enterprises is 36.3%.

The China Association of Automobile Manufacturers said that the European Commission has imposed high anti-subsidy duties on Chinese electric vehicles.This has brought great risks and uncertainties to Chinese companies operating and investing in Europe, and has damaged the confidence of Chinese companies in operating and investing in Europe.It will have a serious adverse impact on driving the development of the EU automotive industry, increasing local employment opportunities in the EU, and achieving green and sustainable development.

The China Association of Automobile Manufacturers hopes that the EU will proceed from the overall situation of China-EU industrial cooperation, adhere to dialogue and cooperation, jointly maintain a fair, non-discriminatory and predictable market environment for the development of the China-EU and even global automobile industries, and jointly maintain the security of the global automobile industry chain and supply chain.

(CCTV reporter Luo Hongjin)

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EU anti-subsidy investigation on Chinese electric vehicles: Final ruling released, Ministry of Commerce: Firmly opposes

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