BEIJING – China’s SAIC has filed a defense to the European Union's preliminary anti-subsidy ruling, according to a company statement.
The defense was to "actively protect its legitimate rights and interests," SAIC said in the statement, claiming that the EU's electric-vehicle probe involves commercially sensitive information "beyond the scope of normal investigations."
The European Commission has ignored some of the key information and counter-arguments submitted by SAIC and inflated the subsidy rates for many projects, it added.
The bloc imposed provisional tariffs of between 17.4 percent and 37.6 percent earlier in July on Chinese-made EVs and SAIC's MG brand has been hit with the highest 37.6 percent tariff.