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Everything we know about the EU inquiry into Chinese electric cars
euronews (in English)
Follow
14/09/2023
It was the big surprise of the State of the Union speech: the European Union is launching a trade inquiry into Chinese electric vehicles.
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Transcript
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00:00
Global markets are now flooded with cheaper Chinese electric cars.
00:14
And their price is kept artificially low by huge state subsidies.
00:20
This is distorting our market.
00:24
And as we do not accept this distortion from the inside in our market, we do not accept
00:30
this from the outside.
00:31
[MUSIC]
00:41
[MUSIC]
00:51
Europe is open to competition, but not for a race to the bottom.
01:11
We must defend ourselves against unfair practices.
01:14
[MUSIC]
01:24
[MUSIC]
01:34
[MUSIC]
01:45
[MUSIC]
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