The European Union and China are trying a new approach to their electric vehicle trade dispute. Officials from both sides have started talks about setting minimum prices for Chinese-made electric vehicles sold in Europe, rather than continuing with the high tariffs imposed last year. The discussions began after EU Trade Commissioner Maros Sefcovic spoke with Chinese Commerce Minister Wang Wentao. China’s Commerce Ministry confirmed that negotiations are starting right away. This marks a potential turning point in a dispute that has worried automakers and raised prices for European car buyers. The Tariff Problem The EU slapped tariffs of up to … Continue reading EU Considers Price Floors as Chinese EVs Near 25% Market Share