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    Latest News - UK News

    EU investigators to inspect China’s BYD, Geely and SAIC in EV probe

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    By News Desk on January 23, 2024 UK News
    EU investigators to inspect China’s BYD, Geely and SAIC in EV probe
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    AutomotiveEnergyTechnology

    Reuters exclusively reported that European Commission investigators are to inspect Chinese automakers in the coming weeks as part of a probe into whether to impose punitive tariffs to protect European electric vehicle (EV) makers.  

    Market Impact

    Chinese-made vehicles’ share of the European Union’s EV market has risen to 8% and could reach 15% in 2025, with these EVs typically selling for 20% less than EU-made models.

    Article Tags

    Topics of Interest: AutomotiveEnergyTechnology

    Type: Reuters Best

    Sectors: TechnologyTransport & Logistics

    Regions: AsiaEurope

    Win Types: Exclusivity

    Story Types: Exclusive / Scoop

    Media Types: Text

    Customer Impact: Important Regional Story

     

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