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News from Brussels
ACEA takes note that the result of the vote by EU member states this morning allows the European Commission to move ahead with its proposal to impose definitive countervailing duties on imports of electric cars manufactured in China.
ACEA has consistently affirmed that free and fair trade is essential in creating a globally competitive European automotive industry, while healthy competition drives innovation and choice for consumers.
Free and fair trade is essential for ensuring a level playing field for all competitors, but it is only one aspect of global competitiveness. For the European automotive sector to be competitive in the global electric vehicle race, a comprehensive industrial strategy is crucial, as highlighted in the Draghi report. This involves securing access to critical materials and affordable energy, establishing a consistent regulatory framework, expanding charging and hydrogen refilling infrastructure, providing market incentives, and addressing various other key factors.
ACEA expects the regulation imposing the anti-subsidy measures to be published by the end of October. We also acknowledge the ongoing parallel efforts of Brussels and Beijing to negotiate a possible alternative to countervailing duties.