The Association of the German Automotive Industry (VDA) expressed opposition to the EU imposing punitive tariffs on electric cars from China before Chancellor Olaf Scholz’s trip to the country. VDA President Hildegard Müller emphasized the importance of engaging in dialogue regarding the EU anti-subsidy investigation, as it could jeopardize many jobs in Germany.
Chancellor Scholz’s visit to China is focused on economic relationships, with talks scheduled with Chinese leadership in Beijing. The VDA President highlighted that a trade conflict could negatively impact the transformation towards electromobility and digitalization, which is funded by the German car industry’s operations in China. Despite this, there has been an increase in Chinese electric car market share in Germany, with companies pushing their products into the market.
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