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geely: eu's tariffs on chinese electric vehicles will harm europe's own interests

2024-09-30

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china youth daily client news (china youth daily·china youth daily trainee reporter ren mingchao) from september 27th to 29th, the 2024 world new energy vehicle conference was held in haikou. gan jiayue, ceo of geely automobile group, was doing "exploration" in a special speech titled "the road to globalization of chinese automobile brands", he said that the eu's imposition of additional tariffs on chinese electric vehicles will harm europe's own interests and will also hinder the economic development of china and europe.
previously, media reported that the eu plans to hold a final vote on whether to impose tariffs on imported electric vehicles from china on october 4. this vote will determine whether the eu will convert the temporary tariffs imposed on chinese electric vehicles in early july into at least five years of permanent tariffs.
gan jiayue, ceo of geely automobile group. photo courtesy of the 2024 world new energy vehicle conference organizing committee
gan jiayue said that currently new energy has become an important part of china's participation in global competition, and the nautical era of chinese automobile brands is also "quietly beginning". however, it should be noted that the vast majority of chinese brands are still mainly export-traded, lacking in there is still a lot of room for localization and operation of overseas markets, and the depth and quality of chinese automobiles going overseas.
"the eu's additional tariffs on chinese electric vehicles will harm europe's own interests, and will also hinder the economic development of china and europe." gan jiayue said, "in the context of global green, low-carbon and intelligent development, chinese car companies are we are at a historical juncture in accelerating the reshaping of the global automobile industry. we must actively embrace the new development cycle and integrate into the changes in the global industrial chain.”
(source: china youth daily client)
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