China has filed an official appeal at the World Trade Organization (WTO) over the import tariffs the European Union (EU) has levied on Chinese electric vehicles. The EU made this move after its investigations confirmed that Beijing had used billions of dollars’ worth of subsidies to artificially lower electric vehicles and undermine European automakers.
Electric vehicles manufactured in China are now subject to tariffs of up to 38% in European ports and have essentially lost the edge that…
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