EU Investigators to Inspect China's BYD, Geely and SAIC in EV Probe - Reuters
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(Updated - January 12, 2024 6:17 AM EST)
EU Investigators to Inspect China's BYD, Geely and SAIC in EV Probe - Reuters
- European Commission investigators to inspect Chinese automakers in the coming weeks to decide whether to impose punitive tariffs to protect EU's own EV makers.
- The inspectors will visit BYD, Geely and SAIC.
- Inspectors will not visit non-Chinese companies manufacturing in China, such as Tesla.
- The probe seeks to determine whether Chinese-made EVs benefit unfairly from state subsidies.
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