Beijing News Shell finance on June 13 news, the European Commission on June 12 issued preliminary findings on the anti-subsidy investigation of electric vehicles in China, from July 4, SAIC Motor's brand of electric vehicles exported to the EU, will be levied 38.1% countervailing duty, the comprehensive tax rate rose to 48.1%. Saic responded by saying it expressed deep concern and regret over the decision.
Saic calls on the European Commission to carefully consider its decision and engage in constructive dialogue with global automotive industry partners, including China, to jointly find solutions that promote fair competition and sustainable development.
Saic Group secretary Chen Xun said that SAIC Group is the largest export volume of Chinese car companies in the European market, the proportion of EU anti-subsidy investigation tax and car companies in Europe from high to low proportion, the core purpose is to curb China's electric car in the European market share.