China Must Be Stopped From Flooding EV Market, EU’s von der Leyen Warns

Experts believe structural problem underlines the trade dispute between China and EU.
China Must Be Stopped From Flooding EV Market, EU’s von der Leyen Warns
BYD electric cars wait to be loaded onto a domestically manufactured vessel intended to export Chinese automobiles, at Yantai port, in eastern China's Shandong province, on Jan. 10, 2024. Photo by STR/AFP via Getty Images
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European Commission President Ursula von der Leyen said in Berlin on May 8 that Europe needs to prevent China from flooding the EU market with its heavily subsidized electric vehicles.

“Fair competition is good. What we don’t like is when China floods our market with massively subsidized electric cars. And we have to tackle this, we have to protect our industry,” she said at the Christian Democrats’ party convention.