The European Union has issued new guidance that could allow Chinese electric-vehicle makers to replace anti-subsidy tariffs with minimum price commitments, marking a major step toward resolving a trade dispute with Beijing that began in late 2023.
On Monday, the European Commission issued guidance on the submission of price undertaking offers by Chinese exporters of battery-electric vehicles (BEVs). The offers should include minimum import prices that “must be set at a level appropriate to remove the injurious effects of the subsidisation,” along with annual volume caps and other details, according to the document. If accepted, the undertakings would replace the anti-subsidy duties currently in place.
You’ve accessed an article available only to subscribers
VIEW OPTIONS
