HONG KONG (AP) — China and the European Union said Monday they have agreed on steps toward resolving their dispute over the bloc’s imports of Chinese-made electric vehicles.
A “guidance document” released by the EU on Monday gives instructions for Chinese EV manufacturers on making price offers for battery EVs, including minimum import prices and other details. The EU had imposed tariffs of up to 35.3% on Chinese EV imports in 2024 following an anti-subsidy investigation.
The EU said that minimum import prices must be set at a level “appropriate to remove the injurious effects of the subsidization.” Chinese EV manufacturers’ plans for investments within the EU will also be considered, it said.
“The European market is open to electric vehicles from all around the world, provided that they have come here according to that level playing field,” said European Commission spokesperson Olof Gill. “If those conditions are met, then we can look at price undertakings in a serious way.”
The EU said the European Commission would assess each offer in an “objective and fair manner, following the principle of non-discrimination” and in line with World Trade Organization rules.