Caixin
Oct 07, 2023 02:46 AM
BUSINESS

BMW’s Chinese EV Exports Are Target of EU Anti-Subsidy Probe

00:00
00:00/00:00
Listen to this article 1x

(Bloomberg) ― BMW AG received a request for information from the European Union about its iX3 sport utility vehicle, which it exports from China, as part of the bloc’s probe into Beijing’s subsidies for electric-vehicle makers.

The German carmaker is filling out the questionnaires for the probe, Chief Financial Officer Walter Mertl told reporters Friday on a call. The questionnaires have to be answered within a week, providing details such as investments and manufacturing capacities for EVs exported from China, according to a BMW spokesperson.

loadingImg
You've accessed an article available only to subscribers
VIEW OPTIONS
Share this article
Open WeChat and scan the QR code