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Market
Will Chinese NEV exports to the EU decrease by Q1 2025?
5
Resolution / Starting Odds
Decrease in Exports • 50%
No Decrease in Exports • 50%
Trade statistics from official Chinese or EU sources
Story
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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