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German Transport Minister Volker Wissing has spoken out against possible punitive tariffs that could be imposed by the European Union
Gotion High-tech (国轩高科), a Chinese battery maker, opened its first European assembly line on September 16
The US and the EU’s total investment in China increased from RMB74.4 billion ($10.23 billion) in 2018 to RMB86 billion ($11.83 billion) in 2022
The German auto industry has expressed concern that the new anti-subsidy investigation the European Commission launched against electric vehicles from China will lead to higher prices and make EU trade policy further protectionist.
Chinese automaker Changan Automobile aims to enter the key markets of Southeast Asia and Europe by 2024
The China Chamber of Commerce to the European Union and several industry experts have criticized the new anti-subsidy investigation the European Commission launched against electric vehicles from China
Kedali Industry will construct a factory in Hungary to fulfil a new six-year supply order
Global semiconductor equipment billings dipped 2% year-over-year to $25.8 billion in the second quarter of 2023, while quarter-over-quarter billings slipped 4%.
Europe's carmakers fret over China's EV prowess at Munich car show
"Chinese manufacturers are increasingly giving German manufacturers a run for their money in their home European Union market, especially in advanced industrial goods where Germany is a leader," reported Reuters on August 15.