China Automobile Association Cui Dongshu Strongly Opposes EU’s Double Reverse Investigation on Chinese New Energy Vehicles

China Automobile Association strongly opposes EU's investigation on Chinese New Energy Vehicles

【Phoneauto News】On September 14th, Cui Dongshu, the Secretary General of the China Passenger Car Association, stated in an article that he strongly opposes the evaluation of China’s new energy vehicle exports by the European Union. It is not because China has received huge national subsidies, but because China’s industrial chain competitiveness is strong under full market competition. The European Union should objectively view the development of China’s electric vehicle industry, rather than arbitrarily using unilateral economic and trade tools to prevent or increase the development and operating costs of Chinese electric vehicle products in Europe.

Secretary General of the China Passenger Car Association – Cui Dongshu

In addition, Cui Dongshu also pointed out, “This is an inevitable phenomenon that comes with the strength of China’s new energy vehicles. It is only when you become strong that people pay attention and feel uncomfortable. The European Union’s investigation into China’s electric vehicles was proposed by France and others, and the investigation was launched after the Munich Motor Show. It should not be sudden.”

According to Phoneauto’s understanding, on September 13th, the official website of the European Commission disclosed that during the fourth “State of the Union” address to the European Parliament, President of the European Commission Ursula von der Leyen stated that the European Commission will initiate an anti-subsidy investigation into electric vehicles imported from China.

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Cui Dongshu believes that the so-called “anti-dumping” and “anti-subsidy” investigations by the European Union depend on whether there is substantial damage to relevant industries caused by low-priced goods. The prices of domestically produced cars exported to Europe are generally almost double the domestic prices. For example, the BYD Han EV is priced at 44,990 euros (about 350,000 RMB, starting from 189,800 RMB domestically); the ATTO 3 is priced at 38,000 euros (about 270,000 RMB); and the Han EV is priced as high as 72,000 euros (about 500,000 RMB).

Cui Dongshu emphasized that China’s new energy subsidies had completely phased out by the end of 2022. Furthermore, in order to ensure fair competition, the country required local governments to stop providing subsidies for new energy vehicles starting from the end of 2018, thus regulating the market order. Subsequently, the gradual withdrawal of national subsidies has been promoting the strength of China’s new energy vehicles.

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