EU, China must avoid EV trade war: German vice chancellor
Photo used for demonstration purposes. Tech Specialist Raisu Williams demonstrates the media bar of the Sony Honda Mobility AFEELA prototype electric vehicle powered by Amazon Web Services on September 13, 2024 in Seattle, Washington. Photo by STEPHEN BRASHEAR / GETTY IMAGES NORTH AMERICA / Getty Images via AFP.
Frankfurt, Germany: The European Union and China must avoid a damaging trade war over electric cars at all costs, German vice-chancellor Robert Habeck said Tuesday, as tensions mount over planned EU tariffs on Chinese EVs.
“We absolutely want to avoid a trade conflict with spiralling tariffs that ultimately harms both sides,” said Habeck after meeting Chinese Commerce Minister Wang Wentao.
“The European Commission and China should do everything they can to find a negotiated solution,” he added, calling for “fair competition conditions”.