Chinese EV subsidies will be investigated by EU over concerns they’re distorting the market with cheaper prices
BYD’s Atto 3. John Keeble/Getty Images The European Commission president has announced an “anti-subsidy investigation” into Chinese EVs. Ursula von der Leyen said the EU’s market was being distorted by “huge state subsidies.” BYD’s Atto 3 became Sweden’s bestselling EV in July, per Bloomberg. The EU is launching an “anti-subsidy investigation” into Chinese electric vehicles, Ursula von
