EU’s mandate for customs registration of EV imports from China disappointing: chamber
Time:2024-05-22 00:02:48 Source:businessViews(143)
The China Chamber of Commerce to the EU (CCCEU) on Wednesday voiced its disappointment with the EU's mandate for customs registration of electric vehicle (EV) imports from China while an investigation remains ongoing, according to a statement that the chamber sent to the Global Times.
Both the chamber and its members expressed worries regarding potential retroactive measures in the future, the statement said.
The EU issued on Wednesday the Official Journal of the European Union regarding its commission's implementation regulation that makes imports of new battery electric vehicles designed for the transport of persons originating in China subject to registration.
This regulation enters into force on the day following that of its publication in the Official Journal of the European Union, according to the Official Journal of the EU.
The CCCEU said that the chamber has observed that a new implementation regulation was issued on Wednesday, concerning the registration of electric vehicle imports from China by the EU. The purpose of the registration requirement is to address Chinese imports and potential retrospective measures, the chamber said.
According to European Commission data, between October 2023 and January 2024, the EU imported a total of 177,839 Chinese EVs. Compared with the coverage period of the "countervailing investigation" (October 2022 to September 2023), the average monthly import volume increased by 11 percent.
The chamber highlighted that the recent surge in Chinese EV imports mirrors the increasing demand for EVs in Europe and underscores Chinese car companies' commitment to fostering the European market.
"We earnestly hope that the European side will effectively safeguard the legitimate rights and interests of Chinese enterprises and establish a fair, impartial, and non-discriminatory business environment for them," the chamber said.
"This, in turn, will facilitate our joint contribution to the global low-carbon and green transformation," the chamber further noted.
In February, China's Minister of Commerce Wang Wentao said that China is highly concerned about the trade remedy investigation targeting Chinese EVs and other products, while also expressing strong dissatisfaction regarding the investigation, which lacks a factual basis.
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