A flood of cheap Chinese car imports could be disastrous for Europe’s incumbent carmakers, with the EU already considering import tariffs to limit the damage.
But restricting lower-cost imports could stymie the development of the electric vehicle market at a time when Europe is trying to limit fossil fuel emissions and working towards outlawing combustion-engined vehicles altogether by 2035.
Ursula von der Leyen complained that China was flooding the global market with cheap EVs.
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