Japan Today
business

Why are Chinese electric cars in EU crosshairs?

20 Comments

The requested article has expired, and is no longer available. Any related articles, and user comments are shown below.

© 2024 AFP

©2024 GPlusMedia Inc.

20 Comments

Comments have been disabled You can no longer respond to this thread.

i’ll bet money is involved.

6 ( +7 / -1 )

How did China's EV sector get so strong?

Because they realized no one else was really serious about doing something to combat pollution in cities and carbon emissions from vehicles. And they worked hard. Just look at the other forms of green energy. China is the leader in all of them. Next, we'll be hearing how China is over-combatting climate change. China produced more solar panels last year than USA has done in its entire history. Bad bad bad China.

-7 ( +5 / -12 )

China's EV industries are unstoppable..

GO CHINA !!..

-9 ( +7 / -16 )

China making its junk and then dumping its junk in other markets. It’s a junk-o-rama.

3 ( +11 / -8 )

China's EV industries are unstoppable..

GO CHINA !!..

Hmmm…

https://www.goldmansachs.com/intelligence/pages/why-are-ev-sales-slowing.html

-9 ( +2 / -11 )

China has spearheaded a targeted industrial strategy to boost its EV sector, pouring vast state funds into domestic firms as well as research and development.

Successful. Biden and billions into the semiconductor chip industry. Biden learning from China.

-7 ( +4 / -11 )

EU knows that China isn’t subsidizing the production of EV cars. Otherwise, either Chinese brands would be siginificantly cheaper than Tesla, which is also made in China; or Tesla is also subsidized but Elon kept silent about it. The subsidy to EV cars did exist, and is no longer the case in 2023.

EU knows that China isn’t subsidizing the production of EV cars. This proposal was brought up by France, because French car manufacturers are falling behind, while German car makers are trying to cooperate with Chinese brands.

-7 ( +4 / -11 )

Gotta love the globalists on here who believe it is perfectly acceptable for the CCP to produce and dump products in markets - at cheap, subsidised prices - with the intention of obliterating the local industry.

If it is "protectionism" - then good on the EU for protecting their industries and jobs. The globalists who promote unfettered "free trade" need to admit that a Communist dictatorship with zero human or workers rights has already destroyed so many industries worldwide - flooding the world with shoddy goods that are soon in landfill.

5 ( +12 / -7 )

Between 2014 and the end of 2022, the Chinese government said it had spent more than 200 billion yuan ($28 billion) on subsidies and tax breaks for EV purchases alone.

...and you believe the CCP.???

https://www.cnbc.com/2024/06/21/china-spent-230-billion-to-build-its-electric-car-industry-csis-says.html

Seriously, this^^, is what can be found. It's more likely much more than $230 billions.

The CCP has buggered up what ever it touches in China, do you want to let them bugger up auto in your country? This is mass market distortion, done at wholesale level, politically driven, and an end game of destruction.

Keep them out!!!

Look at how many Chinese EV companies has gone broke, look at Chinese property, Chinese equities, fintech....all buggered!!!

4 ( +8 / -4 )

China making its junk and then dumping its junk in other markets. It’s a junk-o-rama.

You obviously shop at the dollar shop or equivalent. Have you even seen the latest tech and quality coming out of China? Or its cities? I am also guessing you watch a lot of CNN et al for your daily news fix.

This kind of narrative sounds similar to what people used to say about stuff coming out of Japan in the 80s.

-7 ( +4 / -11 )

Pukey2Today 08:12 am JST

Next, we'll be hearing how China is over-combatting climate change. China produced more solar panels last year than USA has done in its entire history. Bad bad bad China.

China cares nothing about climate change. Its green tech/EVs are nothing more than a strategic move to dominate these industries, influence geopolitics and increase the power of the CCP.

Making solar panels and EVs isn't "green" when you're powering your industry by building six times more coal plants than the rest of the world combined:

https://www.npr.org/2023/03/02/1160441919/china-is-building-six-times-more-new-coal-plants-than-other-countries-report-fin

quercetumToday 08:45 am JST

EU knows that China isn’t subsidizing the production of EV cars.

This comment is the exact opposite of what the EU has formally stated.

I know which of you I believe.

4 ( +9 / -5 )

Lie is a 3 letter word as are some Washington funded agencies. Just saying.

Clean-energy investment rose 40% year-on-year to 6.3tn yuan ($890bn), with the growth accounting for all of the investment growth across the Chinese economy in 2023.

China’s $890bn investment in clean-energy sectors is almost as large as total global investments in fossil fuel supply in 2023 – and similar to the GDP of Switzerland or Turkey.

https://www.carbonbrief.org/analysis-clean-energy-was-top-driver-of-chinas-economic-growth-in-2023/

-7 ( +3 / -10 )

Sh1mon M4sada

Today 09:40 am JST

Between 2014 and the end of 2022, the Chinese government said it had spent more than 200 billion yuan ($28 billion) on subsidies and tax breaks for EV purchases alone.

> ...and you believe the CCP.???

> https://www.cnbc.com/2024/06/21/china-spent-230-billion-to-build-its-electric-car-industry-csis-says.html

> Seriously, this^^, is what can be found. It's more likely much more than $230 billions.

What you quoted says the 28billion was for subsidies and tax breaks alone, notthe same expenditures as the 230billion. Key points from linked cnbc article

KEY POINTS

China spent $230.8 billion over more than a decade to develop its electric car industry, according to the Center for Strategic and International Studies.

The scale of government support represents 18.8% of total electric car sales between 2009 and 2023, said Scott Kennedy, trustee chair in Chinese Business and Economics at CSIS.

“There are some exceptions, but in general Western automakers and governments have dilly dallied and not been aggressive enough,” he said.

0 ( +2 / -2 )

If EU accepts petrol from Middle East, why not EV from China

-2 ( +5 / -7 )

Pukey2Today 08:12 am JST

How did China's EV sector get so strong?

Because they realized no one else was really serious about doing something to combat pollution in cities and carbon emissions from vehicles. And they worked hard. Just look at the other forms of green energy. China is the leader in all of them. Next, we'll be hearing how China is over-combatting climate change. China produced more solar panels last year than USA has done in its entire history. Bad bad bad China.

Is China still building coal plants? Why yes, yes they are.

4 ( +7 / -3 )

What Chinese products have in common is that they are cheap and reasonably usable.

However, no one wants to drive something like an EV where safety measures are directly related to life. It may be that the EU didn't like it because it sold quite well in Europe.

It's clear that the Chinese Communist government doesn't care about environmental issues.

Mainland China has become a veritable exhibition center for environmental pollution, with air, ocean, and soil pollution, but the Chinese think they can do whatever they want as long as they make money, and they even go so far as to export environmental pollution.

I wonder if in the future they will start saying this?

"If you want us to stop polluting the environment, give us money!!"

4 ( +6 / -2 )

China used to produce cheap goods because that's what the West wanted. However, they have now shifted to high quality goods, electronics, EVs, etc. No wonder some scatterbrain in the US wanted Chinese students to study humanities and reserve STEM subjects at university for Indian students.

Will USA and its minions ever stop with this Tonya Harding method, and compete using hard work instead?

isabelle:

Please, stop it with these Fu Manchu hysterics.

-3 ( +4 / -7 )

Pukey2Today 05:45 pm JST

Will USA and its minions ever stop with this Tonya Harding method, and compete using hard work instead?

Will China ever stop stealing technology? There is your answer.

2 ( +7 / -5 )

Articles, Offers & Useful Resources

A mix of what's trending on our other sites