EU launches probe into low-priced Chinese electric cars

The European Union is investigating whether low-priced Chinese electric vehicles are distorting the car market amid growing import numbers, with their government-subsidised prices threatening the livelihood of European car makers.

The investigation was announced in a speech on Wednesday by European Commission president Ursula von der Leyen. 

The increased focus on Europe as a market for China’s big car makers posed a problem for the region’s nascent electric car industry, von der Leyen said.

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