EU’s Von Der Leyen Says Massive China Subsidies for EVs Requires a Probe
- European Commission head von der Leyen speaks to Bloomberg
- She says EU won’t accept an un-leveling of its playing field
Workers on the production line of electric vehicle motors and drive control systems in Ningbo, China.
Photographer: Qilai Shen/BloombergThis article is for subscribers only.
The European Union needs to investigate Chinese support for electric vehicles as a result of the massive subsidies it provides the industry, according to the head of the bloc’s executive arm.
“We like competition but it has to be fair competition,” European Commission President Ursula von der Leyen said in an interview with Bloomberg. “What we see is massive subsidies in the EV sector in China, which is of course unleveling our playing field.”