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China EV adviser Dong Yang sees tech tie-ups resolving EU trade conflicts

Economic TimesEconomic Times · 1y
China EV adviser Dong Yang sees tech tie-ups resolving EU trade conflicts

A Chinese policy adviser has suggested that China's auto industry should strengthen ties with European counterparts through technology partnerships to address trade conflicts. This comes as the European Commission initiated a probe into China's electric vehicle subsidies. The adviser recommended that China's government, industry associations, and companies work to minimize the impact on other markets as Chinese EV exports increase and build win-win relationships with local firms. Additionally, Chinese battery suppliers should deepen ties with European companies and establish a local battery supply chain in Europe. This cooperation could help accelerate the global transition to electric vehicles.

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