Jun 25, 2024 12:55 PM

China Auto Roundup: Germany Says EU’s China EV Tariffs Remain Open for Discussion, Beijing Slams Brussels’ Anti-Subsidy Probe

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Conference attendees congregate on Feb. 28 around MG Motor’s booth at an auto show in Geneva, Switzerland. MG Motor is owned by state-owned Chinese carmaker SAIC. Photo: VCG

Welcome to the Auto Roundup — a weekly briefing on the biggest headlines in China’s automotive industry covering electric vehicles, gas-powered cars, battery and autonomous technology, and more.

German minister says EU’s China EV tariffs are still ‘open for discussions’

Germany’s economy minister urged further discussion of the European Union’s tariffs on imports of Chinese electric vehicles (EVs), calling on relevant parties to take advantage of the “room for maneuver” before the duties are set to apply next month.

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Germany’s economy minister proposed ongoing discussions regarding EU tariffs on Chinese EV imports amidst opposition from China's commerce minister, who labeled the tariffs protectionist.
Beijing criticized the European Commission's extensive data requirements from Chinese EV and battery makers, citing fairness and WTO rule infractions.
Despite EU’s anti-subsidy probe and provisional tariffs, a survey showed Chinese NEV manufacturers' continued interest in establishing factories in Europe, though their confidence has taken a hit.

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Who’s Who

SAIC Motor Corporation Limited: SAIC Motor Corporation Limited, China’s largest state-owned automaker, is experiencing a leadership reshuffle. Wang Xiaoqiu, 59, will become the new chairman, succeeding Chen Hong who is retiring after serving since 2014. The reshuffle comes amid challenges like sluggish growth in the domestic market and EU tariff hikes affecting overseas expansion.

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What Happened When

June 19, 2024：: A survey of more than 30 Chinese NEV-makers and industry associations was published.

June 21, 2024：: Announcement that Wang Xiaoqiu is set to become chairman of SAIC Motor Corp.

June 22, 2024：: Robert Habeck held a press conference in Shanghai and urged further discussion of the EU’s tariffs on imports of Chinese EVs.

June 22, 2024：: China’s Commerce Minister Wang Wentao called the EU anti-subsidy tariffs a 'typical protectionist measure' according to a statement from the Ministry of Commerce.

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