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International Business Times
International Business Times
Business
AFP News

FORGOTTEN HISTORY: Why are chinese electric cars in eu crosshairs | History Defined

European Union China Europe Beijing BYD Geely SAIC
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 (Credit: AFP)

The European Union said this week it would slap additional tariffs of up to 38 percent on Chinese electric cars from next month after an anti-subsidy probe.

Here's why the Chinese electric vehicle market has raised hackles among European policymakers -- and how Beijing might respond:

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