Involving "own people"?BMW's production of electric cars in China becomes subject of EU countervailing investigation
Hawk_Finance
2023-10-09 18:25:04
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Walter Myrtle, chief financial officer of the German BMW Group, said on 6 June that the European Union has asked BMW to provide information about the BMW iX3 cars it produces at its Chinese plant and exports to foreign countries.。According to Bloomberg, this is part of the EU's countervailing investigation into electric vehicles imported from China.。According to the report, Myrtle believes that the EU's launch of the investigation could do more harm than good。According to Myrtle, the EU's investigation collects information not only from Chinese electric car manufacturers such as BYD, but also from Western automakers that make cars in China.。Tesla cars exported from China are also the subject of an EU countervailing investigation, the report said.。
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