Brussels has published new guidelines that allow Chinese electric vehicle producers to submit offers for minimum prices, which could potentially replace the steep tariffs imposed to counter Beijing's subsidies.
Breakdown
- EU and China agree to resolve dispute over electric vehicle subsidies
- EU imposed tariffs on Chinese vehicles to counter subsidies on EU products 9s
- Chinese manufacturers may raise vehicle prices to ensure fair competition 22s
- EU publishes guidance for new Chinese price offers, to be reviewed in Brussels 36s
- China hails the agreement as a breakthrough in resolving differences 53s