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Caixin Explains: EU Probe Into Chinese EV-Makers’ Alleged State Support

By Yu Cong, Du Zhihang and Ding Yi
2023年11月08日 20:16
European Commission is investigating whether China’s EV manufacturers are benefiting from subsidies such as tax reductions and cheap state financing, allowing them to undercut their EU rivals

Chinese electric-vehicle (EV) manufacturers’ European business has ballooned in recent years as the demand for all things green sky-rocketed. But for some in the region, China’s automakers have been doing too well, and as they have been rapidly gaining market share, they have drawn the ire and suspicion of local authorities.

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