At the regular press conference held by the Ministry of Commerce on February 12, in response to the European Commission's decision to grant a tariff exemption to a Chinese-manufactured Volkswagen SUV, spokesperson He Yadong stated that following several rounds of consultations, China and the EU have successfully achieved a 'soft landing' for the electric vehicle case within the framework of World Trade Organization regulations. This outcome supports Chinese electric vehicle companies in effectively utilizing price commitments. The European side has issued a guidance document, pledging to conduct assessments in accordance with the principle of non-discrimination. Given the profound integration of the automotive industries between China and the EU, it is hoped that the European side will diligently implement the agreed-upon consensus, thereby fostering mutual benefit and a win-win situation for the industries of both parties.
