Shanghai (Gasgoo)- On January 13, the China Association of Automobile Manufacturers (CAAM) issued a statement titled "Statement on the Positive Results from Consultations in the China-EU Electric Vehicle Anti-Subsidy Case."
The statement said the two sides, upholding the principle of mutual respect, have steered the electric-vehicle case toward a "soft landing" through sustained dialogue and multiple rounds of consultations. They achieved important positive results.
Image source: CAAM
CAAM believes the "soft landing" offers a vivid example of how differences can be resolved through dialogue within the framework of World Trade Organization (WTO) rules. It carries significant weight for safeguarding the healthy, stable development of China-EU economic and investment cooperation, as well as broader bilateral ties.
China's EV competitiveness, CAAM said, stems from relentless innovation across the supply chain. Thanks to the scale of its domestic market, cost and technology advantages were forged by full competition, rather than subsidies. The association will support relevant companies, in line with their own circumstances and operating needs, in securing their export interests to the EU.
That same morning, the Ministry of Commerce said both sides recently held multiple rounds of consultations. The aim is to implement the consensus reached at the China-EU leaders' meeting and properly address the EU's anti-subsidy investigation into Chinese electric vehicles. Both agreed it is necessary to provide general guidance on price undertakings for Chinese exporters of battery electric vehicles to the EU. The aim is to address EU concerns in a manner consistent with WTO rules.
To that end, the European Commission will issue "Guidance on Submitting Applications for Price Undertakings." The document confirms the EU side will adhere to the principle of non-discrimination and, in line with WTO rules, apply the same legal standards to every price undertaking application. It will conduct objective and impartial assessments.
Based on details disclosed so far, Chinese battery-electric exporters that choose to participate will be required to submit a price undertaking to the EU. It will cover export prices, sales channels and other information.
