The EU-China Chamber of Commerce Automotive Working Group held a meeting with the European Commission Cabinet of Commissioner Sefcovic and the Chairman of the International Trade Committee of the European Parliament Lang to discuss and exchange views on deepening cooperation in the automotive industry between China and Europe.

According to a message from the EU Chamber of Commerce in China WeChat public account, on July 15th and 16th, the EU Chamber of Commerce Automotive Working Group held a working exchange with Cabinet officials from the European Commission's Trade Commissioner Shevchovich and the Chairman of the European Parliament's International Trade Committee, Bernd Lange in Brussels. This is the first formal meeting between the EU Chamber of Commerce Automotive Working Group, which was established in February of this year, and the two major EU institutions. The meeting was led by Zhang Hui, Chairman of the Automotive Working Group, and attended by representatives from NIO (09866), XPeng Motors (09868), Xiaomi (01810), Eve Energy Co., Ltd. (300014.SZ), Gotion High-tech (002074.SZ), and 6 members of the China Automotive Research Institute in Europe. During the meeting, the representatives of the Automotive Working Group focused on three main topics in-depth discussions with the EU side: 1. The impact of global trade changes on EU policy The EU Chamber of Commerce Automotive Working Group expressed concerns about the potential "spillover effects" of the global trade tensions on EU policy, especially whether the EU will shift from "risk aversion" to "decoupling" under pressure, Chinese products being seen as "detour exports" facing restrictions, and the potential impact of EU-US trade frictions on the stability of the European market. 2. Tariff policies on Chinese electric vehicles The EU Chamber of Commerce Automotive Working Group pointed out that the current EU tariffs on Chinese electric vehicles are in contradiction with its climate goals. Chinese automotive companies providing competitive zero-emission transportation solutions in Europe should be given fair and equitable market access. Industry is paying attention to the progress of negotiations on "minimum price commitments" and expects positive outcomes between China and Europe to increase certainty in bilateral and international economic and trade cooperation. 3. Investment environment and prospects for China in Europe The EU Chamber of Commerce Automotive Working Group expressed concerns about the rising uncertainty of EU policies such as the Foreign Subsidy Regulation (FSR) and Foreign Investment Review Mechanism (FDI Screening). They hope that the EU will fully consult with the industry before implementing specific measures in the "Automotive Industry Action Plan", ensuring transparency, fairness, and safeguarding the normal development of legally operating Chinese companies in Europe. Cabinet officials Shevchovich of the European Commission and Chairman Lange of the European Parliament's International Trade Committee engaged in frank, friendly, and constructive communication with the attending representatives on the topics of concern to the Automotive Working Group. They expressed willingness to continue communicating with the EU Chamber of Commerce in China and other working groups, including the Automotive Working Group. This article is selected from the "CCCEU" WeChat public account; GMTEight Editor: Chen Xiaoyi.