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China’s US$28 billion overseas EV investment holding a charge despite backlash – South China Morning Post

China’s US$28 billion overseas EV investment holding a charge despite backlash – South China Morning Post

 

China is taking measures to defend its sales of electric vehicles (EVs) and batteries in Europe and the United States against growing challenges to its expansion.Minister of Commerce Wang Wentao earlier this week expressed “strong dissatisfaction” toward an ongoing European Union probe into China’s exports of EVs and related products as “an investigation that lacks factual evidence”.His rebuke followed the China Chamber of Commerce to the EU having said last week that it would form a working group to be… 

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