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Reinvestigation: Where do Chinese NEVs' competitive advantages come from?
(Xinhua) 09:47, April 11, 2024
HEFEI/PARIS, April 10 (Xinhua) -- In addition to the EU's mandate for customs registration of electric vehicle (EV) imports from China and potential retroactive tariffs, the United States and Britain are also preparing to conduct so-called anti-subsidy investigations or national security risk investigations into China's EV.
China's EV exports face headwinds.
This is because relevant countries are pursuing protectionism and trade barriers in the name of "fair competition" and "national security," which violates the principles of market economy and WTO rules.
It also reflects the growing competitiveness of China's new energy vehicle (NEV) industry.
During a recent field visit, Xinhua reporters found that Chinese NEVs' competitive advantages depend not on subsidies, but on supply chain integrity and industrial concentration, full market competition, and rapid technology upgrade promoted by the super-large market.
China's NEVs not only provide diversified choices for global consumers, but also help more countries achieve green and low-carbon transformation and sustainable development.
The first-mover advantage of China's auto industry in the transition to new energy is driving the transformation of the global auto industry.
HEFEI/PARIS, April 10 (Xinhua) -- In addition to the EU's mandate for customs registration of electric vehicle (EV) imports from China and potential retroactive tariffs, the United States and Britain are also preparing to conduct so-called anti-subsidy investigations or national security risk investigations into China's EV.
China's EV exports face headwinds.
This is because relevant countries are pursuing protectionism and trade barriers in the name of "fair competition" and "national security," which violates the principles of market economy and WTO rules.
It also reflects the growing competitiveness of China's new energy vehicle (NEV) industry.
During a recent field visit, Xinhua reporters found that Chinese NEVs' competitive advantages depend not on subsidies, but on supply chain integrity and industrial concentration, full market competition, and rapid technology upgrade promoted by the super-large market.
China's NEVs not only provide diversified choices for global consumers, but also help more countries achieve green and low-carbon transformation and sustainable development.
The first-mover advantage of China's auto industry in the transition to new energy is driving the transformation of the global auto industry.
