The European Union (EU) is considering imposing anti-subsidy duties on electric vehicle (EV) imports from China. This move is aimed at preventing Chinese producers from dominating the EU and global market in the same way they did with solar cells. However, these trade restrictions may not be the most effective solution, as they could make EVs more expensive and hinder the green transition. The biggest source of Chinese EV imports into the EU comes from Tesla cars produced in China, rather than domestic Chinese brands. If the EU wanted to protect its own industry, it would have implemented a temporary protection measure against all imports, rather than specifically targeting China. Under EU rules, it is difficult to prove the effects of trade-distorting subsidies, so any anti-subsidy tariffs imposed on Chinese EVs will likely only be around 10%. These tariffs may also impact European companies like Volkswagen that manufacture EVs in China. The lack of imagination and investment in the EU has contributed to this situation, as the German car industry focused on cheating emission tests and lobbying to delay the sales of internal combustion cars. However, there is still potential for innovation in the European automotive industry, and the EU has the opportunity to take action to improve its competitive position.
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