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Chinese official slams EU probe into EV subsidies as 'selective' - TL;DR CNBC

Chinese official slams EU probe into EV subsidies as 'selective'

Publishing timestamp: 2024-06-18 01:13:35


Summary

Chinese official claims EU anti-subsidy probe into Chinese electric cars was overly selective and not credible. Major German automakers oppose EU's planned tariffs. EU probe includes Tesla. Biden administration also raising tariffs on Chinese electric cars. Chinese official emphasizes need for global cooperation.


Sentiment: MIXED

Tickers: TSLA104-SZVOW-FFZE594-CNBMW-DEBMW-FFVOW3-DE

Keywords: volkswagen agstock marketsbusiness newsmarket insiderpoliticsasia economytesla incbayerische motoren werke agbreaking news: politicssaic motor corp ltdmarketsbyd co ltd

Source: https://www.cnbc.com/2024/06/18/chinese-official-slams-eu-probe-into-ev-subsidies-as-selective.html


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