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EU and China negotiate on EV subsidies by mid-2025?
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Resolution / Starting Odds
Yes • 50%
No • 50%
Official statements from EU or Chinese negotiation delegates or major global news outlets
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EU Investigates China's Electric Vehicles Industry Over Subsidies; China Warns of Countermeasures
May 18, 2024, 01:59 PM
Concerns about Chinese overproduction of goods through state support have led to an EU anti-subsidies investigation into China's electric vehicles industry. This investigation aims to address the flooding of European markets and the stifling of local production. However, the Chinese side has warned that it is prepared to take ample countermeasures if the EU continues its actions against Chinese companies. The China Chamber of Commerce in the EU and Chinese state media have issued stern warnings regarding the potential repercussions of the EU's investigations. The probes by the European Commission are seen as shooting the EU economy in the foot.
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Yes • 50%
No • 50%
Retaliatory tariffs • 33%
Negotiations with EU • 33%
No significant response • 33%
Full implementation • 33%
Partial implementation • 33%
No implementation • 33%