Bernd Langer, chairman of the European Parliament’s Trade Committee, told German broadcaster n-tv that Brussels and Beijing are about to reach a solution to China’s import tariffs on electric vehicles.
“We are on the verge of reaching an agreement that China can promise to supply electric cars to the European Union at the lowest price,” Langer said, without providing details.
The move is aimed at eliminating distortions of competition through unfair subsidies, which is why tariffs were introduced in the first place.
The European Commission has yet to comment.
, photo by Reuters, it was revealed at the same time that the talks on electric cars between China and the EU have been concluded and the tariff is expected to be reduced to 15%.
The two sides held a total of 13 rounds of negotiations, the first eight rounds were held in Europe and the last five rounds were held in China.
The final tariff may be between 10% and 15%.
As part of the agreement, the EU will provide Chinese car companies with opportunities and subsidies to build factories in the EU in exchange for technology transfer, and the two sides will share 20 achievements in battery life technology.
It is reported that France has played an important role in the negotiations, but the news has not been officially confirmed.
, pictured online, after tensions escalated, the European Commission announced on Oct.
29 that it had ended its countervailing investigation into electric vehicles imported from China, raising tariffs on Chinese-made electric vehicles to 45.3%. The measure, which came into effect on October 30, aims to counter so-called unfair subsidies, including preferential financing and subsidies, as well as land, batteries and raw materials below market prices.
The decision sparked divisions within Europe and was retaliated by Beijing.
Although the tariff has come into effect, the two sides are still negotiating to find a solution.
This has mainly raised the hope of German carmakers, which rely heavily on the Chinese market, that trade disputes can be avoided.
The Chinese Chamber of Commerce in the EU said at the time that it was deeply disappointed by the EU’s “protectionist” and “arbitrary” measures.
, the picture is from the Internet.
From November 2 to 7, the China-EU technical team held five rounds of consultations in Beijing and had an in-depth exchange on the specific contents of the price commitment plan of the EU anti-subsidy case for electric vehicles in China, and made some progress.
The two sides agreed to continue consultations by video or other means.
However, the EU is planning to require Chinese mainland companies that come to invest in factories to transfer technology property rights to European companies in exchange for EU subsidies, the Financial Times reported.
as part of its stricter clean technology trading regime.
, 
, photo from the Internet, other timelines of China-EU negotiations: ▍ Sept.
21: Chinese Minister of Commerce Wang Wentao visits Europe to focus on EU countervailing investigations against Chinese electric cars.
In front of the meeting with European Commission Executive Vice President and Trade Commissioner Dombrovskis, the two sides said that the talks were “constructive” and “frank” and opened up “new opportunities” for further consultations.
▍ Oct.
21: European Commission President von Delaine announced tariffs on Chinese electric cars on the grounds that Chinese companies dominate the market through government subsidies, making it difficult for local European car companies to compete.
Von der Lane proposed three conditions, saying that as long as China can accept the three conditions, the EU will not impose tariffs on Chinese electric vehicles.
▍ 22 October: von der Lane further clarified these three conditions, including asking China to provide compensation to make up for the losses suffered by EU companies as a result of the low-price competition of Chinese electric vehicles.
the hope that the price of Chinese electric cars in the European market will be raised.
and the hope that Chinese companies will set up more manufacturing plants in Europe in order to increase employment opportunities in Europe and promote the development of the local economy.
▍ October 23rd: some progress has been made in the dispute between the European Union and China over the imposition of tariffs on electric vehicles.
German Chancellor Schultz’s attitude has also begun to soften, a change that has attracted widespread international attention.
▍ November 11: the China-EU technical team has made “technical progress” after five rounds of consultations in Beijing on the content of the price commitment plan of the EU anti-subsidy case for electric vehicles in China.
The two sides agreed to continue consultations by video or other means.
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