french economist: in the field of electric vehicles, europe and china are more competitive than cooperative
2024-10-01
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regarding the eu's anti-subsidy case against china's electric vehicles, french economist hubert testa recently said in an interview with a reporter from the main station that europe and china have a lot of cooperation in the field of electric vehicles, and it is not just a competitive relationship. imposing additional tariffs is an act of establishing trade barriers and will only damage the economy and trust between the two sides.
hubert testa, an economist at sciences po in france and former economic counselor of the french embassy in china: we welcome investors, so generally we are not hostile to the presence of chinese brands in europe. in fact, not only france, but also the european electric vehicle industry, including germany, has fallen behind, and so has japan. china has made great technological progress in less than 10 years. this is not unfair competition, but reflects the ability of china's electric vehicle industry to quickly apply new technologies. europe was surprised and is now trying to catch up.
testa said that taking france as an example, french automakers compete with chinese companies on the one hand, but they also have a lot of cooperation on the other. through cooperation, these french companies have also gained considerable benefits.
hubert testa, an economist at sciences po in france and former economic counselor of the french embassy in china: it is obvious to the european automobile industry that if the strategic transformation of automobile electrification cannot be carried out, the market share of european companies in europe will be affected. will drop. so this is absolutely a core issue for europe, which has realized this and invested heavily in this area. europe has also conducted a large amount of technical cooperation with china, so there is not only a competitive relationship between china and europe, but also a cooperative relationship.
source: cctv news client
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