On 12 June 2024, the European Commission ("Commission") issued a press release announcing a provisional conclusion that the battery electric vehicles (BEV) value chain in China "benefits from unfair subsidization, which is causing a threat of economic injury to [European Union] BEV producers."

According to the announcement, the Commission has engaged Chinese authorities to seek resolution in a "WTO-compatible manner". Should discussions not result in a solution, the Commission will introduce provisional countervailing duties, which would become effective 4 July 2024.

The press release can be found here:
https://ec.europa.eu/commission/presscorner/detail/en/IP_24_3231

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Expeditors International of Washington Inc. published this content on 13 June 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 June 2024 00:10:05 UTC.