from Hacker News

EU Commission: EV value chains in China benefit from unfair subsidies

by kmfrk on 6/12/24, 9:57 AM with 6 comments

• by kmfrk on 6/12/24, 9:58 AM

  Tariff summary:

  * BYD: 17,4%

  * Geely: 20%

  * SAIC: 38,1%

  "Other BEV producers in China, which cooperated in the investigation but have not been sampled, would be subject to the following weighted average duty: 21%.

  All other BEV producers in China which did not cooperate in the investigation would be subject to the following residual duty: 38,1%."

• by gbil on 6/12/24, 10:15 AM

  I would also like that the EU at the same time runs an investigation on the EU based automotive companies and their tactics because in the last 5 years we've seen extreme price increases (25%+) on car prices. Anything else is one sided with the consumer taking the burden.

• by JojoFatsani on 6/12/24, 11:15 AM

  What makes one subsidy fair and another unfair?