EU, China will look into setting minimum prices on electric vehicles, EU says
6 points by awnird 2 months ago | 2 comments- 1970-01-01 2 months agoA minimum price is still treating the symptoms of piss poor planning. Minimum prices won't change the fact that China is simply winning in global EV sales.
- zzzeek 2 months agothis is the lamest headline possible for what the news is:
BERLIN, April 10 (Reuters) - The European Union and China have agreed to look into setting minimum prices of Chinese-made electric vehicles *instead of tariffs* imposed by the EU last year, a European Commission spokesperson said on Thursday.
The EU is seeking to *abolish tariffs on Chinese made EVs*.
This is a major blow to US interests