LINE

Text:AAAPrint
Video

Insights | U.S. analyst: EU's tariffs on Chinese EV reflect indifference to global energy transition

2024-11-01 09:23:44Ecns.cn Editor : Meng Xiangjun ECNS App Download

The European Commission on Tuesday announced the imposition of anti-subsidy tariffs on Chinese-made electric vehicles (EVs), a decision that has sparked strong opposition from within the EU and key industry stakeholders.

Starting Thursday, these tariffs will remain in place for five years with varying rates: 17 percent for BYD, 18.8 percent for Geely, and 35.3 percent for SAIC, among China's leading automakers.

Benjamin Norton, founder of the Geopolitical Economy Report and a foreign policy expert, stated in an interview with China News Network that Europe's move indicates their unwillingness to cooperate globally, even though the use of electric vehicles is crucial for addressing the global climate crisis. This attitude not only delays the transition from fossil fuels to clean energy worldwide but also reveals a political inclination regarding climate issues. (Zhao Li)

Related news

MorePhoto

Most popular in 24h

MoreTop news

MoreVideo

LINE
Back to top About Us | Jobs | Contact Us | Privacy Policy
Copyright ©1999-2024 Chinanews.com. All rights reserved.
Reproduction in whole or in part without permission is prohibited.
[网上传播视听节目许可证(0106168)] [京ICP证040655号]
[京公网安备 11010202009201号] [京ICP备05004340号-1]