Editoriale di Furio Oldani – Macchine Motori 86 After nine months of investigations, on June 12th, the European Commission acknowledged the substantial subsidies that the Chinese government grants to its electric vehicle manufacturers, genuine gifts that allow brands from the Celestial Empire to sell in Europe below production cost. Hence the decision to impose additional tariffs ranging between approximately 17 and 38 percent on top of the existing ten percent. This measure would take effect on July 4th, and since today is June 18th, it is currently unclear whether it…
Read MoreChina is near, Europe is not
