Caixin
Nov 09, 2023 09:33 AM
CX DAILY

CX Daily: EU Probe Into Chinese EV-Makers’ Alleged State Support

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Visitors at automaker BYD's booth at the International Motor Show at the fairgrounds in Munich, Germany, on Sept. 5. Photo: VCG
Visitors at automaker BYD's booth at the International Motor Show at the fairgrounds in Munich, Germany, on Sept. 5. Photo: VCG

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Caixin Explains: EU probe into Chinese EV-makers’ alleged state support

Chinese electric-vehicle (EV) manufacturers’ European business has ballooned in recent years as the demand for all things green sky-rocketed. But for some in the region, China’s automakers have been doing too well, and as they have been rapidly gaining market share, they have drawn the ire and suspicion of local authorities.

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