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China urges EU to expedite antisubsidy dispute on EVs, calls for deeper ties

( February 17, 2025, 02:29 GMT | Official Statement) -- MLex Summary: China hopes the European Commission will make a political decision on its antisubsidy investigation into Chinese electric vehicles as soon as possible, Commerce Minister Wang Wentao said during a video call with Ola Källenius, president of the European Automobile Manufacturers' Association, and chairman of Mercedes-Benz. Wang urged the ACEA and Mercedes-Benz to contribute to resolving the case and called for a constructive solution acceptable to both sides, building on the progress made through several rounds of consultations. Stressing that China and Europe have a solid foundation and great potential for cooperation in the automotive industry, he encouraged the EU automakers to increase investment and strengthen their presence in the Chinese market.The statement follows:...

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