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China pulls punches to keep more expensive EVs flowing to Europe

China EV exports
Geely Automobile Holdings' Zeekr electric vehicles bound for shipment to Europe at the Port of Taicang in Taicang, Jiangsu Province, China, on Aug. 24, 2023. (BLOOMBERG)
EB
By:
ELISABETH BEHRMANN
JH
By:
JINSHAN HONG
LL
By:
LINDA LEW
B
By:
Bloomberg
|
December 20, 2023 02:39 PM

When the European Union launched a probe into Chinese support for electric vehicles, the bloc’s carmakers braced for painful retaliation from the increasingly assertive superpower.

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