LettersEuropean carmakers were asleep at the EV wheel
Readers discuss the European Union’s anti-subsidies investigation into Chinese-made electric vehicles, and the possible impact of a US government shutdownChina-EU relationsLettersPublished: 2:30pm, 28 Sep, 2023Why you can trust SCMP
Here we go again, accusing China of unfair market practices rather than acknowledging that European manufacturers have been asleep at the wheel.
Last year, there were an estimated 300 Chinese EV manufacturers, a testament to their entrepreneurial spirit and willingness to take risks. Meanwhile, European carmakers like Volkswagen and BMW are heavily involved in China’s EV sector, and some of them also export through their joint ventures to Europe. Does that mean they are being subsidised in China as well?