This is probably better for the European consumer because instead of paying say 40k+10k tariffs for a Chinese EV, you just now get the upscale 50k model. And it appeases the euro carmakers cause they don’t have to worry about cheap EVs.
Key_Environment8179 on
Someone with economical knowledge please explain to me why this isn’t a horrendous idea
dittbub on
Isn’t it normally a crime to collude on price fixing?
5 Comments
* EU, China explore setting minimum prices on Chinese EVs
* Negotiations set to start immediately
* German auto industry supports negotiations
Further reading:
[Volkswagen Capitalizes on Tesla Weakness With EV Sales Jump – Bloomberg](https://www.bloomberg.com/news/articles/2025-04-09/volkswagen-capitalizes-on-tesla-weakness-with-ev-sales-jump)
[Volkswagen overcomes China EV slump by doubling European sales – FT](https://www.ft.com/content/05b5c41b-b999-4ce6-9efe-864d8e6befe0)
!ping Europe&China
This is probably better for the European consumer because instead of paying say 40k+10k tariffs for a Chinese EV, you just now get the upscale 50k model. And it appeases the euro carmakers cause they don’t have to worry about cheap EVs.
Someone with economical knowledge please explain to me why this isn’t a horrendous idea
Isn’t it normally a crime to collude on price fixing?
And the U.S. gets left behind…