China-Europe New Energy Vehicle Industry Disputes:Status Quo,Causes and Prospects
Over the past two years,tensions between China and Europe over the new energy vehicle industry have been intensified.This article conducts a detailed analysis of the competition between China and Europe in the automotive industry,especially in the field of new energy vehicles.It seeks to explore the underlying causes for such competition and offers sugges-tions for the future prospects of the China-Europe new energy vehicle industry,as well as recommendations for China's countermeasures.Empirical studies indicate that the primary reason for the bilateral dispute lies in China's competitive edge and strategic advantages in electric vehicles and batteries,which is,in fact,not about distorting the market,as claimed by the EU.Driven by concerns over potential setbacks and job losses in its automo-tive sector amid competition with China,the EU has implemented measures such as exclu-sive purchase subsidies and vertical industrial policies in order to safeguard domestic indus-try and respond to the impact of China's new energy vehicle sector.In the future,competi-tion between China and Europe in the new energy vehicle industry appears inevitable,yet there is still room for cooperation.