Great Wall Motor, a Chinese automaker, has formally responded to the European Commission’s anti-subsidy investigation into Chinese-made electric vehicles. This investigation is looking into Chinese government subsidies and incentives for EVs and has raised concerns about unfair competition for European automakers. Great Wall Motor was the first automaker to provide answers to the European Commission, emphasizing the need for a fair and open trade environment. Europe is a key strategic market for Great Wall Motor, and the company is considering the location of its first European plant, with options in Germany, Hungary, or the Czech Republic.
Tesla to build $27,000 car at German plant, report says
Tesla is reportedly planning to build a €25,000 car at its factory near Berlin. This development marks a significant move...