The European Commission has reinforced its commitment to ensuring fair competition within the global electric vehicle (EV) market, following its decision to decline price proposals from Chinese EV manufacturers. The proposals were aimed at setting minimum import prices as an alternative to tariffs, amid the ongoing review of Chinese-built EV subsidies.
Several Chinese EV exporters submitted price undertakings—pledges to adhere to minimum import prices to mitigate the effects of subsidies. However, after thorough evaluation, the Commission concluded that the offers did not fully address concerns related to maintaining fair competition or meet the necessary conditions for effective monitoring and enforcement.
“Our review focused on whether these offers would help restore balance to the market and ensure compliance with trade rules,” a Commission spokesperson said. “After careful consideration, we found that the proposals did not meet these goals.”
The European Commission remains open to negotiating a solution that would support both sides while adhering to World Trade Organization (WTO) standards. Ensuring a level playing field in the global EV market is central to the EU’s efforts to foster healthy international trade and innovation.
As discussions continue, EU Trade Commissioner Valdis Dombrovskis is scheduled to meet with Chinese Commerce Minister Wang Wentao next week, signaling the EU’s willingness to work toward a mutually beneficial outcome.
The EU is also moving forward with finalizing tariffs of up to 35.3% on Chinese-built EVs, in addition to the existing 10% import duty. A final decision will be made by the EU’s 27 member states by the end of October, ensuring that the outcome supports fair trade while fostering a competitive and innovative EV market.
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