China hits back at West’s over-capacity allegations in EVs, lithium batteries

China’s Premier Li Qiang used his address at a World Economic Forum meeting in Dalian to hit back at accusations from the U.S. and EU that Chinese firms benefit from unfair subsidies and are poised to flood their markets with cheap green technologies.

“The rapid rise of China’s new industries is rooted in our own unique comparative advantages,” Li added. China maintains it simply decided to invest in green technologies earlier, and that the West’s actions are unjustified.

Car Car Latest News, Car Car Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ontario Premier Doug Ford demands federal tariffs of 100% on Chinese EVspOntario Premier Doug Ford is publicly calling on the federal government “to immediately match or exceed U.S. tariffs on Chinese imports, including at least a 100 per cent tariff on Chinese electric vehicles.”/p
Source: AutoNewsCanada - 🏆 77. / 51 Read more »

Ontario Premier calls on Ottawa to match U.S. tariffs on Chinese EVsFord warns of coming flood of ‘artificially cheap’ cars, putting jobs created by billions in subsidies at risk
Source: globeandmail - 🏆 5. / 92 Read more »

EXCLUSIVE: China-made EVs claimed 25% of federal ZEV rebates in 2023pData, obtained by Automotive News Canada through an access to information request, shows 77 per cent of Tesla Model Ys and 55 per cent of Model 3s claimed under the Incentives for Zero-Emission Vehicles (iZEV) program last year were built in China.
Source: AutoNewsCanada - 🏆 77. / 51 Read more »

China wants EU to scrap EV tariffs on EVs by July 4, Chinese state media reportsBeijing wants the European Union to scrap its preliminary tariffs on Chinese electric vehicles by July 4, China's state-controlled Global Times reported...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »