EU may investigate BMW’s pure Electric Lithium Battery Cars Produced in China

lithium battery electric vehicle

In nowdays, many electric cars produced with lithium battery which is getting more and more popular in modern life. But some famous brands meet problem in development too. Now let’s see one news about the lithium battery car BMW.

lithium battery electric vehicle

Kuai Technology reported on October 7 that at the end of last month, the European Union announced a countervailing investigation into Chinese electric vehicles, which attracted strong attention from all parties. According to overseas media reports, BMW seems to have been involved.

A report on Friday local time showed that BMW received an “information request” from the European Union about its pure electric model iX3, which will be part of the EU’s investigation into subsidies to Chinese electric car manufacturers.

BMW is currently filling out a questionnaire. The chief financial officer told reporters on the phone that BMW must complete the investigation within a week and provide the EU with detailed information on investment and production capacity of electric vehicles exported from China.

Not everyone agrees with the EU investigation, with Oliver Blumer, chief executive of Germany’s Volkswagen Group and Porsche Group, advising politicians to exercise caution when taking action against China’s trade practices.

Blumer told an event in Stuttgart that “we stand for fair competition” but that protectionism should not arise from this because it would lead to more protectionism. Furthermore, investigations into unfair trade practices should not be limited to subsidies received by Chinese suppliers but should cover all market participants.

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