Page 14 - Geely Auto News Today : Breaking News, Live Updates & Top Stories | Vimarsana

SHANGHAI/BEIJING (Reuters) -Beijing on Thursday blasted the launch of a probe by the European Commission into China's electric vehicle (EV) subsidies as protectionist and warned it would damage economic and trade relations, as shares in Chinese EV makers slipped. European Commission President Ursula von der Leyen announced the investigation on Wednesday, accusing China of flooding global markets with electric cars that had artificially low prices because of huge state subsidies. The probe, which could result in punitive tariffs, has prompted analyst warnings of retaliatory action from B...

Beijing EU Prove EV Stocks: Relations have become tense due to Beijing's ties with Moscow after Russian forces swept into Ukraine, and the EU's push to rely less on the world's second-largest economy, which is also its No.1 trading partner.

European Commission accused China of flooding global markets with electric cars that had artificially low prices because of huge state subsidies.

ALBAWABA – The EU launched a probe into Chinese subsidies for EVs on Wednesday which Beijing warned would impact economic and China-EU trade relations.

SHANGHAI/BEIJING (Reuters) -- Beijing on Thursday blasted the launch of a probe by the European Commission into China's electric vehicle (EV) subsidie