EU Commission chief Ursula von der Leyen announced an anti-subsidy probe into Chinese electric vehicles (EV) on Wednesday, and declared Europe will do 'whatever it takes to keep its competitive edge' at the European Parliament.
into Chinese electric vehicles on Wednesday, and declared Europe will do "whatever it takes to keep its competitive edge" at the European Parliament.to around 8% this year from the year before as state-backed Chinese manufacturers aggressively cut prices to stimulate overseas sales while domestic demand stalled amid widespread economic worries.
The United States also offers tax credits of up to $7,500 for buyers of new electric cars, and several more for manufacturers of EVs and EV components.
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