CX Daily: China’s Auto Industry Reaches Turning Point as EV Exports Slow

Autos /

In Depth: China’s auto industry reaches turning point as EV exports slow

China’s auto exporters are facing a watershed moment as Western powers have gone to great lengths to prevent their electric vehicle (EV) markets from being flooded with Chinese products.

In late October, the European Commission granted final approval to extra tariffs on battery-electric vehicles (BEVs), also known as “pure” EVs, shipped from China, after a yearlong investigation concluded that state subsidies enabled Chinese automakers to unfairly undercut their European rivals.