✉news LifeAutos first seen 3 h ago, last 52 min ago, peak #8
Volkswagen drew €1.5bn in German EV subsidies while lobbying EU on Chinese cars
Original: Volkswagen benefited from €1.5bn in German EV subsidies as it lobbies EU to hit Chinese cars harder
Volkswagen has benefited from around €1.5 billion in German electric vehicle subsidies while simultaneously lobbying the European Union to take a tougher line on Chinese carmakers. The report highlights the tension between the company receiving significant state support at home and pushing for protectionist measures against Chinese competition in the EU market, drawing attention to what critics may see as a double standard.
Why now: The combination of large state subsidies and lobbying against Chinese rivals raises questions of fair competition that are currently prominent in EU trade debates.
VolkswagenGermanyEuropean UnionChina
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Evidence
- Volkswagen benefited from €1.5bn in German EV subsidies as it lobbies EU to hit Chinese cars harder · EUobserver
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