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China’s electric vehicle makers scramble for EU tariff deal, with price floor on the table
Chinese carmakers offering to set minimum prices and volume limits, but insiders say proposals are unlikely to convince Brussels.
Online hearings took place on Wednesday, with car companies including BYD, Geely and SAIC, and Friday with the China Chamber of Commerce for Import and Export of Machinery and Electronic Products (CCCME). Last week, China closed its brandy investigation and is expected to impose anti-dumping duties of up to 39 per cent on French cognac brands at a later date, after declining to introduce provisional measures. “Our sector seems to be a collateral victim of a broader trade conflict, which will limit the access of Chinese consumers to products they greatly value and appreciate, if not resolved as a matter of priority,” said Adam Ulrich, director general at Spirits Europe, a lobby group.
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