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Resolution of the EU-China NEV dispute by end of 2024
2
Resolution / Starting Odds
Mutual Agreement Reached • 33%
Ongoing Dispute • 33%
Escalation of Trade War • 33%
Official announcements from the European Union or Chinese government, or reputable news sources
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China Criticizes EU's 'Unprecedented' Information Requests in NEV Probe on Thursday
Jun 20, 2024, 08:45 AM
China's Commerce Ministry (MOFCOM) has criticized the European Union's anti-subsidy investigation into Chinese new energy vehicles (NEVs), labeling the information requested as 'unprecedented' in terms of types, scope, and quantity. The Ministry stated that the EU's demands far exceed what is necessary for such probes, causing shock and disappointment among Chinese firms. China has indicated it will take all necessary measures to safeguard the legitimate rights of its companies. The statement was made on Thursday.
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Measures made permanent • 25%
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Ruling favors China • 25%
Ruling favors EU • 25%
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WTO rules in favor of China • 25%
WTO rules in favor of EU • 25%
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No decision by end of 2025 • 25%
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