China, EU agree to resolve dispute on EV imports
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Hong Kong: China and the European Union said on Monday they have agreed on steps toward resolving their dispute over the bloc's imports of Chinese-made electric vehicles.
A statement by China's Commerce Ministry said the EU would issue guidelines on minimum pricing for Chinese auto exporters. It did not directly mention if the deal involved an end to the tariffs of up to 35.3 per cent that the EU imposed on imports of Chinese EVs in 2024 following an investigation.
“This is conducive not only to ensuring the healthy development of China-EU economic and trade relations, but also to safeguarding the rules-based international trade order,” a statement by the commerce ministry said.
A “guidance document ” released by the EU gives instructions for EV manufacturers on making price offers, including minimum import prices and other details.
It said that wide variations in the types of vehicles made it necessary to set specific minimum import prices "appropriate to remove the injurious effects of the subsidisation."
