China Association Opposes EU's High Tariffs on Electric Vehicles

The China Association of Automobile Manufacturers is strongly opposing the European Union's final draft, which suggests high tariffs on Chinese-made electric vehicles. The association believes that such a decision brings significant risks and uncertainty for Chinese operations and investments in the EU.

The China Association of Automobile Manufacturers has voiced strong opposition to the European Union's final draft proposing high tariffs on Chinese-made electric vehicles, according to a CCTV report on Wednesday.

The association warned that this decision introduces 'enormous risks and uncertainty' for China's operations and investments within the EU, highlighting potential negative impacts on both economic and business activities.

This development could spark further trade tensions and prompt reconsiderations of existing and future cooperative endeavors between China and the EU in the automotive sector.

(With inputs from agencies.)