The EUs counter - subsidy investigation on imported Chinese electric vehicles, the economic and political motives behind it, as well as the position and competitive situation of Chinese electric vehicles in the international market.
Hungarian Prime Minister Viktor Orbán delivered a speech in the European Parliament, severely criticizing the EUs decision to impose tariffs on Chinese electric vehicles, saying that this measure would be counterproductive and have a serious impact on the European automotive industry.
The U.S. Department of Commerce proposes to ban imports of Chinese and Russian VCS and ADS technologies, with software restrictions starting in 2027 and hardware restrictions in 2030. Enterprises need to strengthen compliance management and adjust supply chains to adapt to the new regulations.
In recent years, the influence of Chinese new energy vehicles in the global market has been increasing day by day. Especially in the Central Asian market, the export volume of Chinese new energy vehicles is growing rapidly. It is reported that since 2023, the export of commercial vehicles at the Horgos Port in Xinjiang has shown a rapid growth trend, and more than 35,000 vehicles have been exported so far.
European and American automakers face electrification challenges, while Chinas electric vehicle market accounts for over 50% of the global share, with cost advantages and a complete supply chain enhancing the global competitiveness of Chinese EVs.
EU member states are divided on imposing tariffs on Chinese electric vehicles, with Germany abstaining, Italy and Spain supporting, and other countries stances unclear, impacting China-EU trade relations.