China and EU Reach "Soft Landing" Deal on EV Anti-Subsidy Case

Through multiple rounds of dialogue and consultations, China and the European Union have achieved positive outcomes in the EU’s anti-subsidy investigation into Chinese electric vehicles. On January 12, the China Chamber of Commerce for Import and Export of Machinery and Electronic Products (CCCME) stated that the European Commission has issued “Guidance on Submitting Price Undertaking Applications,” allowing Chinese automakers to submit price undertaking applications under unified and non-discriminatory criteria. Eligible companies may thereby avoid anti-subsidy duties through such undertakings. This move is seen as facilitating a “soft landing” for the case, helping to safeguard the stability of China-EU industrial and supply chains and supporting a rules-based international trading order. The CCCME expressed gratitude to China’s Ministry of Commerce for its efforts in protecting industry interests and will encourage affected enterprises to actively apply for price undertakings to secure their export rights to the EU and promote healthy cooperation between China and the EU in the electric vehicle sector.