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EU flags flutter outside the European Commission headquarters in Brussels. The bloc’s commission will examine whether VW Anhui can replace its countervailing duties with a managed price system. Photo: Reuters

    EU launches 1st formal review of Chinese EV tariffs after VW Anhui’s submission

    8 months ago02 mins

    The EU has for the first time launched a formal review of a price undertaking offer from a company seeking to avoid its tariffs on Chinese-made electric vehicles, following a submission from Volkswagen’s Chinese joint venture. Over the course of 12 to 15 months, the European Commission will examine whether VW Anhui can replace its…

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