European Commission president Ursula von der Leyen announces investigation into alleged dumping of EVs during annual policy speech amid fears in Europe that Beijing’s industrial policy is undermining ability to compete in innovative sectors.

EU starting a trade war with their largest trade partner while sliding into a recession has to be one of the most hilarious developments of late.

  • nekandro@lemmy.ml
    21·
    6 months ago

    Meanwhile European car manufacturers are terrified of a trade war because their Chinese market sales far outweigh any Chinese EV sales in Europe.