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In Depth: China’s Auto Industry Reaches Turning Point as EV Exports Slow

By An Limin, Zhai Shaohui, Yu Cong and Ding Yi
2024年12月10日 19:33
Facing higher tariffs in the U.S. and EU, Chinese carmakers are opening manufacturing facilities abroad and exploring new overseas markets

China’s auto exporters are facing a watershed moment as Western powers have gone to great lengths to prevent their electric vehicle (EV) markets from being flooded with Chinese products. 

In late October, the European Commission granted final approval to extra tariffs on battery-electric vehicles (BEVs), also known as “pure” EVs, shipped from China, after a yearlong investigation concluded that state subsidies enabled Chinese automakers to unfairly undercut their European rivals.

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