{"id":40142,"date":"2024-09-24T05:10:07","date_gmt":"2024-09-24T10:10:07","guid":{"rendered":"https:\/\/latamobility.com\/?p=40142"},"modified":"2024-09-23T15:43:40","modified_gmt":"2024-09-23T20:43:40","slug":"european-union-rejects-offer-from-chinese-electric-vehicle-manufacturers","status":"publish","type":"post","link":"https:\/\/latamobility.com\/en\/european-union-rejects-offer-from-chinese-electric-vehicle-manufacturers\/","title":{"rendered":"European Union Rejects Offer from Chinese Electric Vehicle Manufacturers"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Negotiations between <strong>Brussels<\/strong> and <strong>Beijing<\/strong> on the dispute over <strong>electric vehicles<\/strong> have entered the home stretch ahead of a decisive vote.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The <strong>European Commission<\/strong> formally rejected an offer submitted by <strong>Chinese electric vehicle (EV)<\/strong> manufacturers to narrow the price gap that separates them from their <strong>EU<\/strong> competitors, a wide gap that <strong>Brussels<\/strong> says is a direct result of the hefty subsidies injected by <strong>Beijing<\/strong> into this lucrative sector.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cI can confirm that the <strong>Commission<\/strong> has thoroughly reviewed these bids on the basis of <strong>World Trade Organization<\/strong> and <strong>EU<\/strong> anti-subsidy rules,\u201d a <strong>Commission spokesman<\/strong> said in remarks reviewed by <strong>Euronews<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>You may also read:<\/strong> <a href=\"https:\/\/latamobility.com\/en\/china-takes-steps-to-lower-tensions-with-the-eu-over-electric-vehicles\/\">China Takes Steps to Lower Tensions with the EU over Electric Vehicles<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cOur review focused on whether these offers would eliminate the injurious effects of subsidies identified in our investigations and whether these price undertakings could be effectively monitored and enforced.\u201d The <strong>Commission<\/strong> has concluded that none of the offers met these requirements.\u201d<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"572\" src=\"https:\/\/latamobility.com\/wp-content\/uploads\/2024\/09\/BYD-3-1024x572.jpg\" alt=\"\" class=\"wp-image-40138\" srcset=\"https:\/\/latamobility.com\/wp-content\/uploads\/2024\/09\/BYD-3-1024x572.jpg 1024w, https:\/\/latamobility.com\/wp-content\/uploads\/2024\/09\/BYD-3-300x168.jpg 300w, https:\/\/latamobility.com\/wp-content\/uploads\/2024\/09\/BYD-3-768x429.jpg 768w, https:\/\/latamobility.com\/wp-content\/uploads\/2024\/09\/BYD-3.jpg 1280w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-the-commission-proposed-additional-duties\"><strong>The Commission Proposed Additional Duties<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">At the end of a months-long investigation, the <strong>Commission<\/strong> found that public money was spread throughout the supply chain of the <strong>Chinese electric vehicle<\/strong> sector, putting <strong>European companies<\/strong> at risk of unsustainable economic losses.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">As a result, the <strong>Executive<\/strong> proposed additional duties, ranging from <strong>7.8%<\/strong> to <strong>35.3%<\/strong>, depending on the brand and its level of cooperation with the investigation, on top of the current <strong>10%<\/strong> rate.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The aim is to ensure fairer competition and reduce the price differential between <strong>EU<\/strong> and <strong>Chinese manufacturers<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>BYD<\/strong>, <strong>Geely<\/strong> and <strong>SAIC<\/strong> are among those facing higher tariffs. The price undertakings they submitted were intended to assuage the <strong>Commission&#8217;s<\/strong> concerns and avoid action.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The rejection of the offer indicates how entrenched and extensive subsidization is within <strong>China<\/strong> and suggests that the solution, if there is one, will be found at the political level.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Negotiations between Brussels and Beijing on the dispute over electric vehicles have entered the home stretch ahead of a decisive vote. The European Commission formally rejected an offer submitted by Chinese electric vehicle (EV) manufacturers to narrow the price gap that separates them from their EU competitors, a wide gap that Brussels says is a&#8230;<\/p>\n","protected":false},"author":10,"featured_media":40136,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"_kad_post_classname":"","footnotes":""},"categories":[2057],"tags":[2572,1281,1489],"class_list":["post-40142","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-pubic-sector","tag-china-2","tag-electric-mobility","tag-sustainability"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.7 (Yoast SEO v27.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>European Union Rejects Offer from Chinese Electric Vehicle Manufacturers - Latam Mobility<\/title>\n<meta name=\"description\" content=\"Negotiations between Brussels and Beijing on the dispute over electric vehicles have entered the home stretch ahead of a decisive vote. The European\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/latamobility.com\/union-europea-rechaza-oferta-de-fabricantes-de-vehiculos-electricos-chinos\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"European Union Rejects Offer from Chinese Electric Vehicle Manufacturers\" \/>\n<meta property=\"og:description\" content=\"Negotiations between Brussels and Beijing on the dispute over electric vehicles have entered the home stretch ahead of a decisive vote. The European\" \/>\n<meta property=\"og:url\" content=\"https:\/\/latamobility.com\/union-europea-rechaza-oferta-de-fabricantes-de-vehiculos-electricos-chinos\/\" \/>\n<meta property=\"og:site_name\" content=\"Latam Mobility\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/latamobility\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-09-24T10:10:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/latamobility.com\/wp-content\/uploads\/2024\/09\/UE-China\u00b4.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"715\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Antonio Vilela\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@LataMobility\" \/>\n<meta name=\"twitter:site\" content=\"@LataMobility\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Antonio Vilela\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/latamobility.com\\\/union-europea-rechaza-oferta-de-fabricantes-de-vehiculos-electricos-chinos\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/latamobility.com\\\/union-europea-rechaza-oferta-de-fabricantes-de-vehiculos-electricos-chinos\\\/\"},\"author\":{\"name\":\"Antonio Vilela\",\"@id\":\"https:\\\/\\\/latamobility.com\\\/#\\\/schema\\\/person\\\/fda092a2de1f87d347784282908bad1a\"},\"headline\":\"European Union Rejects Offer from Chinese Electric Vehicle Manufacturers\",\"datePublished\":\"2024-09-24T10:10:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/latamobility.com\\\/union-europea-rechaza-oferta-de-fabricantes-de-vehiculos-electricos-chinos\\\/\"},\"wordCount\":306,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/latamobility.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/latamobility.com\\\/union-europea-rechaza-oferta-de-fabricantes-de-vehiculos-electricos-chinos\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/latamobility.com\\\/wp-content\\\/uploads\\\/2024\\\/09\\\/UE-China\u00b4.jpg\",\"keywords\":[\"China\",\"ELECTRIC MOBILITY\",\"Sustainability\"],\"articleSection\":[\"Public Sector\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/latamobility.com\\\/union-europea-rechaza-oferta-de-fabricantes-de-vehiculos-electricos-chinos\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/latamobility.com\\\/union-europea-rechaza-oferta-de-fabricantes-de-vehiculos-electricos-chinos\\\/\",\"url\":\"https:\\\/\\\/latamobility.com\\\/union-europea-rechaza-oferta-de-fabricantes-de-vehiculos-electricos-chinos\\\/\",\"name\":\"European Union Rejects Offer from Chinese Electric Vehicle Manufacturers - Latam Mobility\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/latamobility.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/latamobility.com\\\/union-europea-rechaza-oferta-de-fabricantes-de-vehiculos-electricos-chinos\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/latamobility.com\\\/union-europea-rechaza-oferta-de-fabricantes-de-vehiculos-electricos-chinos\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/latamobility.com\\\/wp-content\\\/uploads\\\/2024\\\/09\\\/UE-China\u00b4.jpg\",\"datePublished\":\"2024-09-24T10:10:07+00:00\",\"description\":\"Negotiations between Brussels and Beijing on the dispute over electric vehicles have entered the home stretch ahead of a decisive vote. 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