China Blasts EU Probe Into EV Subsidies, Describes It As “Protectionist”
The Chinese Ministry of Commerce blasted the European Union’s decision to open an investigation into the state subsidies that allow Chinese-made EVs to be sold at “artificially low” prices on the Old Continent, which could lead to the EU imposing tariffs on battery-powered vehicle imports. Beijing described the probe as “protectionist” and said that the…