Good morning from Berlin, Putting up tariffs on Chinese electric cars to protect the European industry would be the wrong approach to promoting international competition, German liberal Transport Minister Volker Wissing told Euractiv in an interview. The European Commission is currently investigating China’s electric vehicles, which EU Commission President Ursula von der Leyen says are sold at “artificially low” prices on European markets. The investigation, the results of which are due to be presented shortly, could lead to new import duties on electric cars from China if firms are found to have received excessive state subsidies. The US administration hiked tariffs from 25% to 100% earlier this month. “Some people who are particularly vocal about climate protection and want to electrify everything are misleading people about what they actually want,” Wissing said, adding that if a large share of transport ceases altogether, it will cause the economy to shrink. Reporting from Berlin, Euractiv’s Jonathan Packroff has the whole story. Meanwhile, Europe’s electrolyser manufacturers are ceding ground to Chinese competitors, putting pressure on politicians to shield the emerging industry using the EU’s new industry law, writes Nikolaus Kurmayer. Last but not least, a survey has found that a majority of European CEOs find China’s relations with the US to be one of the five most severe roadblocks to the EU-China relationship. The same survey noted that concerns over persistently weak economic growth push many corporate executives to prioritise commercial opportunities outside Europe. Thomas Moller-Nielsen digs deeper. |