EU issues guidance on minimum price conditions for Chinese EVs
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E-mailBRUSSELS, Jan 12 (Reuters) - The European Commission published on Monday guidance on its conditions for accepting minimum price offers from China-based electric vehicle makers seeking to avoid tariffs that the European Union put in place in October 2024.
The Commission's document said any minimum price offer had to eliminate the injurious effects of subsidies, provide the equivalent effect of duties, be practicable and minimise 'cross-compensation', such as through sales of other vehicles.
It also added that other criteria, such as investments made in the EU, would be taken into account.
(Reporting by Philip Blenkinsop;Editing by Sudip Kar-Gupta)
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