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on october 6, a reporter from the "daily economic news" learned that the bmw group issued a statement in response to the eu's move to impose additional tariffs on chinese electric vehicles, saying, "the eu's approach of imposing additional tariffs on chinese electric vehicles is completely unworkable. not only does it not work improving the competitiveness of european automakers may harm companies that are actively doing business globally. moreover, additional tariffs will also limit the supply of electric vehicles to european consumers, thereby delaying the low-carbon development of the european transportation industry. process. in addition, this approach also seriously undermines the free trade principle that the eu has always advocated."

the bmw group also stated that the voting results on october 4 are an important signal for the european automotive industry concerning the fate of the industry. what is needed now is a swift rapprochement between the european commission and china to prevent a trade conflict that benefits no one. the fact that germany voted against increasing tariffs is an important signal and increases the chances of a negotiated solution to the problem.

daily economic news