EU investigators to inspect China’s BYD, Geely and SAIC in EV probe, source says
European Commission investigators are to inspect Chinese automakers in the coming weeks as part of a probe into whether to impose punitive tariffs to protect European electric vehicle (EV) makers, three people involved in the process said.
The inspectors will visit BYD, Geely and SAIC, two sources said, with one of them saying the investigators will not visit non-Chinese brands produced in China, such as Tesla, Renault and BMW .
The probe, launched in October and scheduled to last 13 months, seeks to determine whether cheaper, Chinese-made EVs benefit unfairly from state subsidies. Called protectionist by China, the investigation has escalated tensions between Beijing and the EU.
The European Commission confirmed it would carry out the visits.
"The Commission selected a representative sample of Chinese and EU producers, which have already replied to the...
- Log in to post comments