
EU probes Chinese BEVs and their pre-allocated subsidies
Amidst escalating trade tensions and concerns over competitive practices, the European Commission has launched an anti-subsidy investigation into the imports of battery electric vehicles (BEVs) manufactured in China. One aspect drawing intense scrutiny is Beijing's use of pre-allocated subsidies, seen by many as a significant distortion to the market, which could imperil Europe's nascent electric vehicle industry.
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