Penalty duties possible if probe finds cars are competing unfairly in European market
PUBLISHED : 4 Oct 2023 at 15:05
A BYD Seagull electric vehicle is showcased at the Shanghai Auto Show in April this year. (Photo: Bloomberg)
The European Union has launched an anti-subsidies investigation into electric vehicles made in China, setting in motion a one-year investigation that could result in provisional measures such as countervailing duties imposed in…
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