China Is Turning Its Back On The European EV Market - What Is Next?

The electric vehicle market is one of the fastest-growing industries worldwide, driven by the urgent need to combat climate change and transition to sustainable energy. Over the past decade, China has emerged as a dominant player, leveraging massive state subsidies, strategic planning, and technological innovation. But this rapid growth has triggered a geopolitical clash, particularly with Europe, a region equally ambitious about leading the green transition.
China's dominance in the EV sector is no accident-it’s the result of years of meticulous planning and heavy investment. As early as 2009, the Chinese government identified electric vehicles as a cornerstone of its industrial strategy. Massive subsidies were offered to automakers, and state-funded programs spurred advancements in EV technology, especially in battery production.
By 2022, Beijing had invested over $15 billion into its EV industry, focusing on building world-leading battery manufacturers like CATL. Today, CATL controls 32.6% of the global lithium-ion battery market, a crucial component for EVs. This dominance extends to raw materials, with China securing access to critical resources like lithium, cobalt, and nickel, ensuring a steady supply chain for its burgeoning EV industry.
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[@htleong4790]

Does she not understand EU is not able to compete due to high energy cost, labour cost and other factors.

[@1bigleapoffaith]

There's no perfect competitor, yt people, you're going to have to compete. 😂😂😂😂😂

[@rodolphedrolet6994]

They gave the tricks of the trade .. robots next .cheap labor .stay tuned

[@KPCai-qk4jx]

It's fear, not funding from state.

[@inktownfishing4505]

Their not cheap EV's, it's just the others are over priced!

[@wilsonluytan212]

Every country subsidizes their industries. Don’t be fooled!

[@bebezibodonghanjosephyoude8266]

As long as Chinese selling prices for EVs cover total cost and a margin, dumping can't be claimed. It's the whole idea of competition: winner takes all until the competition catches up. All the hoopla wouldn't be there if the table was turned. I admire China's long term strategic foresight and planning.

[@edwinwise6751]

What happened to free market competition ? Or was just another example of US citizens being lied to . We bail our domestic auto builders every time they make business ending mistakes .. so don’t tell me about Chinese govt subsidies

[@00708046]

We wanted an electric vehicle at an affordable price . The Chinese have provided it. They deserve to dominate the market . We have failed but could turn it around by reinventing other things. For now we must decide if we want to exist.

[@Viking-Jan]

Go back to fossil engines. China has deliberately tried to set Us out of income and jobs.

[@setleewong965]

Europe cannot compete on even ground n kept blaming China on dumping EV goods

[@kyleJNorton]

you spend too much time going around the question to waste our time.

[@MASMIWA]

These tariffs are on top of the existing tariffs of 10%. Why the EU didn't negotiate with the Chinese to build factories in the EU for sales of EV in the EU escapes me. Build EV in the EU to be sold at the same price as imports. Now the Chinese have pulled out their investments in the EU for EV manufacturing and for batteries. The factories by BYD and CATL in Hungary have no media reports whether they will be abandoned, completed, or what? Now the EU has nothing. It has manufactured high end EV that most people can't afford so EU automakeers are having a tough time surviving. It appears there is a deadlock until the EU decides on another option, because as things stand now, there will be no Chinese EV in the EU except those that have already been imported before the tariffs were applied. UPDATE: BYD has just announced a new economy EV called the 'Seagull' with a consumer price of $5000. That price makes it difficult for the EU automakers to compete.

[@stevev4863]

Impossible to have manufactured in EU price same as imports, cheaper labour in China than EU labour

[@cheapchingjohnny3657]

@@stevev4863 "sold at the same price as imports" not manufacture cost, mean "manufacture and without tax" price

[@TSS-yy5tx]

lt's the Dignity & Pride of Eu that's being portrait in their total failure in today's political wranggle that she carries.

[@00708046]

China Russia ,India s. Africa , Brazil have created an agreement to control grain sales to the rest of the world in order to offset the effects of tarrifs and profit gouging . We could demand cheaper cars but watch the price of food imports soar . We could go hungry.

[@00708046]

Western countries need to develope sheltered light weight vehicles capable of driving in our climate. Something like an enclosed fat bike with 2 wheel drive for city travel. Car rentals could enhance the needs for distance and capacity when needed.

[@hchalz]

My honest bet, EU will abandon EV initiatives altogether and start to buy American gas guzzlers instead. Ven der leyen will tell everyone, you can't put a price on loyalty to the US and it's all worth it.

[@mikecar52]

0:21 Distorting our market. BS.

[@hautaukhang1808]

This White woman is talking rubbish.

[@BillyTowel]

She's working for us but not EU. Her whole family & children are living in US. Then why should she bother or care about Europeans livelihood?

[@sciagurrato1831]

The next step will be for Paris (and the EU) to withdraw from the Paris Climate Accords. 2015-2025 RIP.

[@howardhan2101]

Too much redundancy and lengthy. Subject not well explained

[@moonbox3381]

every countries did massive subsidies for EV than when western can not compete the race now excused and propaganda china did unfair subsides china EV industry , but real reason is tries to rise tax to their all citizens with difference name ,because after tariff still cheaper than EU local make , or China can rise sell EV rise up to 90% of EU car prices

[@Viking-Jan]

Its Over for Europe. Everybody just give up. RIP

[@fahmad7194]

This woman is evil incarcerate

[@vamoua4036]

Who would want to give in to transfer technology and tariffs?

[@Hmyt-yucca]

talking more nonsense than valuable facture

[@rodolphedrolet6994]

How many coal plants they build,reopen ,,,,coal build army's ,,,,ships ,,,,stay tuned

[@mr.person1219]

Government state subsidies? Doesn't the US do it? Doesn't Germany do it? Doesn't most countries do it?

[@bill6656]

China EVs are going to Mexico and Africa

[@shaunehuolohan5736]

And Russia, Asia ,& South America too.

[@KokHow-dr8jm]

Oophs. Correction : talking rubbish.

[@shaunehuolohan5736]

Keep housing affordable you don't need high wages, control power cost and build cars using "Giga presses" and you eliminate hundreds of welds, build cars stronger, lighter, faster and cheaper with better quality. EU mudt retool to keep up ir continue to drop behind.

[@bastianleejones]

we don´t buy products from companies of not democratic countries anyway!

[@GabriellaDiSantAngelo]

Meno male