Automakers

China pulls punches to keep more expensive EVs flowing to Europe

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Geely Automobile Holdings' Zeekr electric vehicles bound for shipment to Europe at the Port of Taicang in Taicang, Jiangsu Province, China, on Aug. 24, 2023. (BLOOMBERG)
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By:
Bloomberg
December 20, 2023 02:39 PM

When the European Union launched a probe into Chinese support for electric vehicles, the bloc’s carmakers braced for painful retaliation from the increasingly assertive superpower.

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