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Duties on Chinese EVs ‘not in EU interest,’ could harm industry, German carmakers warn

( July 4, 2024, 15:03 GMT | Official Statement) -- MLex Summary: German carmakers have warned that the EU's anti-subsidy duties on electric vehicles from China are "not in the interest of the European Union" and could "harm both European consumers and European companies," as they called for a constructive dialogue to resolve the dispute. The carmakers' lobby body, the VDA, said "the risk of an escalation of the trade conflict is real," which would be "a lose-lose situation in which both sides suffer economic damage."Statement follows....

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