China's Electric Vehicle Companies Not Dependent on Subsidies, Says Commerce Minister

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 9 sec. here
  • 11 min. at publisher
  • 📊 Quality Score:
  • News: 38%
  • Publisher: 53%

Business Nouvelles

China,Electric Vehicle,Subsidies

China's Commerce Minister Wang Wentao stated that Chinese electric vehicle companies do not rely on subsidies for competitive advantage. He also dismissed accusations of China's 'overcapacity' by the United States and Europe. Wang made these remarks at a roundtable meeting in Paris, where discussions on China's exports of electric vehicles into the European market are expected.

China's electric vehicle companies do not rely on subsidies to gain a competitive advantage, according to Commerce Minister Wang Wentao. He also dismissed accusations of China's 'overcapacity' by the United States and Europe.

Wang made these remarks at a roundtable meeting of Chinese firms in Paris, where discussions on China's exports of electric vehicles into the European market are expected.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 450. in BE

Belgique Dernières Nouvelles, Belgique Actualités