SAIC Motor: The European Union Commission's countervailing duty decision not only violates the principles of market economy, but also may have a relatively large adverse impact on China-EU economic and trade cooperation

SAIC Motor Group released a public statement on the European Union Commission's decision on countervailing duties. SAIC Motor Group said that we have taken note of the recent announcement by the European Union Commission to impose temporary countervailing duties on some Chinese electric vehicle manufacturers, including SAIC Motor Group. Here, SAIC Motor Group expresses its deep concern and regret over this decision. As one of the world's leading automakers, SAIC Motor has been committed to serving the global voiceless through innovative and high-quality products. We firmly believe that free trade and fair competition are the key to promoting global economic prosperity and sustainable development. We are deeply disappointed by the decision of the European Union Commission. The relevant measures not only violate the principles of market economy and international trade rules, but may even have a significant adverse impact on the stability of the global automotive industry chain and China-EU economic and trade cooperation. < br > < img src = "https://flash-scdn.jin10.com/7ff0daaf-56c9-44c0-97b2-961a60a1507e.png" referrerpolicy = "no-referrer" >