The European Commission has recently announced plans to impose provisional countervailing duties on electric vehicles produced in China. Geely Holding expresses great disappointment in the Commission’s decision.
The decision to impose countervailing duties is not constructive and may potentially hinder EU-China economic and trade relations, thus harming European companies and consumer interests.
Geely Holding always supports free trade, advocates for fair competition, and strictly abides by all laws and regulations in the markets where it operates. Geely Holding is fully committed to providing exceptional products and services to global users.
Over the past twenty years, Geely Holding has made extensive investments into Europe, enhancing the innovative capabilities of the regional industrial value chain and creating tens of thousands of high-value career opportunities in Europe.
We call on the European Commission to carefully consider its decision, listen to the concerns of all parties, and work together to find a solution that promotes fair competition, whilst creating a constructive environment for long-term sustainable development.
Geely Holding is paying close attention to the decisions from the European Commission and will follow up with relevant parties on this matter. We will take all necessary measures to safeguard our legitimate rights, and the interests of consumers globally.