Expeditors Newsflash

European Commission Issues Provisional Ruling on Electric Vehicle Value Chains in China

Posted by Jessica Hajj on 6/13/24 5:00 PM

On 12 June 2024, the European Commission ("Commission") issued a press release announcing a provisional conclusion that the battery electric vehicles (BEV) value chain in China "benefits from unfair subsidization, which is causing a threat of economic injury to [European Union] BEV producers." 

According to the announcement, the Commission has engaged Chinese authorities to seek resolution in a "WTO-compatible manner". Should discussions not result in a solution, the Commission will introduce provisional countervailing duties, which would become effective 4 July 2024. 

The press release can be found here:
https://ec.europa.eu/commission/presscorner/detail/en/IP_24_3231 

Topics: China, Countervailing, EU, European Commission, electric vehicles

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