LNB News 08/07/2024
Document Information
Issue Date: 08 July 2024
Published Date: 08 July 2024
Jurisdiction(s): China and European Union
The European Commission has imposed provisional countervailing duties on imports of battery electric vehicles (BEVs) from China, nine months after the initiation of an ex officio anti-subsidy investigation. The Commission has concluded that the BEV value chain in China benefits from unfair subsidisation, which is causing a threat of economic injury to EU BEV producers. Additionally, the investigation has examined the likely consequences and impact of these measures on importers, users and consumers of BEVs in the EU. The Commission has said that any negotiated outcome to the investigation must be effective in addressing the injurious forms of subsidisation identified.
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