EU to Investigate Chinese EV Makers over Competition Concerns

2023-10-23

00:00 / 00:00
复读宝 RABC v8.0beta 复读机按钮使用说明
播放/暂停
停止
播放时:倒退3秒/复读时:回退AB段
播放时:快进3秒/复读时:前进AB段
拖动:改变速度/点击:恢复正常速度1.0
拖动改变复读暂停时间
点击:复读最近5秒/拖动:改变复读次数
设置A点
设置B点
取消复读并清除AB点
播放一行
停止播放
后退一行
前进一行
复读一行
复读多行
变速复读一行
变速复读多行
LRC
TXT
大字
小字
滚动
全页
1
  • Chinese automakers are making gains in Europe's electric vehicle (EV) market.
  • 2
  • The competitive threat has led the European Union to launch an investigation into China's government support for its EV industry.
  • 3
  • The investigation adds to technology-related tensions between the West and China.
  • 4
  • At the same time, China is one of Europe's biggest trading partners and the world's biggest auto market.
  • 5
  • Chinese EV makers like Europe because auto import taxes are just 10 percent compared to 27.5 percent in the United States, automotive expert Matthias Schmidt said.
  • 6
  • Europe also has the world's second-biggest EV battery market after China.
  • 7
  • Car buyers in Europe like how Chinese EVs are not costly yet filled with features and stylish designs.
  • 8
  • Concerns about the threat to local carmakers and jobs are just not as important for some European buyers who face increased living costs.
  • 9
  • British retiree John Kirkwood replaced his Volkswagen Passat three years ago with an MG5 station wagon.
  • 10
  • The MG5's price was much lower than the price of the nearest competitor - a Kia that cost thousands more.
  • 11
  • "It's nice. It's quiet, it's refined" and very quick, Kirkwood said, adding that he had few concerns about the Chinese ownership of the British brand.
  • 12
  • MG is owned by SAIC Motor, China's biggest automaker.
  • 13
  • SAIC is the largest Chinese EV company in Europe too. Another Chinese automaker, BYD, is growing fast.
  • 14
  • Other companies with complete or partial Chinese ownership include Geely, which owns Sweden's Volvo and a number of EV brands including Polestar, Lynk & Co. and British sports car maker Lotus.
  • 15
  • Chinese EV makers combined sales are a small part of the 9.2 million vehicles sold in Europe every year.
  • 16
  • But Chinese EV builders have been taking up a piece of the smaller EV market at a fast rate.
  • 17
  • Schmidt's information suggests that Chinese automakers make up only about three percent of Western Europe's total car market, but Chinese manufacturers have 8.4 percent of the EV market.
  • 18
  • That number is up from 6.2 percent last year.
  • 19
  • In 2019, it was almost zero.
  • 20
  • The sales increase is leading some to worry about Europe's automotive industry.
  • 21
  • That powerful industry is mainly centered in France and Germany and employs many workers.
  • 22
  • Last month, European Commission President Ursula von der Leyen said, "Global markets are now flooded with cheaper Chinese electric cars," with prices "kept artificially low by huge state subsidies."
  • 23
  • A subsidy is government support that permits a company to sell products at unfairly low prices.
  • 24
  • The commission, the EU's executive arm, officially opened its investigation this month, saying it would take up to 13 months and could result in import duties, another word for taxes.
  • 25
  • China voiced "strong dissatisfaction" and promised to "firmly safeguard" Chinese companies' rights.
  • 26
  • The Chinese Commerce Ministry said the EU investigation is based on "subjective assumptions," lacks enough evidence and goes against World Trade Organization rules.
  • 27
  • Executives at Shanghai-based Aiways, a company headed by Volvo's former China sales chief, rejected accusations that the Chinese government unfairly supports its businesses.
  • 28
  • "We're not selling inside China, we're not being subsidized in China," said Alexander Klose, vice president of overseas operations.
  • 29
  • Klose said his company does get "some subsidies for putting a plant somewhere," but added that he believes that is "what everybody has in Europe."
  • 30
  • The EU should be working on getting to a "green future "rather than keeping competition out," he said.
  • 31
  • I'm John Russell.
  • 1
  • Chinese automakers are making gains in Europe's electric vehicle (EV) market.
  • 2
  • The competitive threat has led the European Union to launch an investigation into China's government support for its EV industry.
  • 3
  • The investigation adds to technology-related tensions between the West and China. At the same time, China is one of Europe's biggest trading partners and the world's biggest auto market.
  • 4
  • Chinese EV markers and Europe
  • 5
  • Chinese EV makers like Europe because auto import taxes are just 10 percent compared to 27.5 percent in the United States, automotive expert Matthias Schmidt said. Europe also has the world's second-biggest EV battery market after China.
  • 6
  • Car buyers in Europe like how Chinese EVs are not costly yet filled with features and stylish designs. Concerns about the threat to local carmakers and jobs are just not as important for some European buyers who face increased living costs.
  • 7
  • British retiree John Kirkwood replaced his Volkswagen Passat three years ago with an MG5 station wagon. The MG5's price was much lower than the price of the nearest competitor - a Kia that cost thousands more.
  • 8
  • "It's nice. It's quiet, it's refined" and very quick, Kirkwood said, adding that he had few concerns about the Chinese ownership of the British brand.
  • 9
  • MG is owned by SAIC Motor, China's biggest automaker. SAIC is the largest Chinese EV company in Europe too. Another Chinese automaker, BYD, is growing fast. Other companies with complete or partial Chinese ownership include Geely, which owns Sweden's Volvo and a number of EV brands including Polestar, Lynk & Co. and British sports car maker Lotus.
  • 10
  • Chinese EV makers combined sales are a small part of the 9.2 million vehicles sold in Europe every year. But Chinese EV builders have been taking up a piece of the smaller EV market at a fast rate.
  • 11
  • Schmidt's information suggests that Chinese automakers make up only about three percent of Western Europe's total car market, but Chinese manufacturers have 8.4 percent of the EV market. That number is up from 6.2 percent last year. In 2019, it was almost zero.
  • 12
  • The sales increase is leading some to worry about Europe's automotive industry. That powerful industry is mainly centered in France and Germany and employs many workers.
  • 13
  • Last month, European Commission President Ursula von der Leyen said, "Global markets are now flooded with cheaper Chinese electric cars," with prices "kept artificially low by huge state subsidies."
  • 14
  • A subsidy is government support that permits a company to sell products at unfairly low prices.
  • 15
  • The commission, the EU's executive arm, officially opened its investigation this month, saying it would take up to 13 months and could result in import duties, another word for taxes.
  • 16
  • China voiced "strong dissatisfaction" and promised to "firmly safeguard" Chinese companies' rights. The Chinese Commerce Ministry said the EU investigation is based on "subjective assumptions," lacks enough evidence and goes against World Trade Organization rules.
  • 17
  • Executives at Shanghai-based Aiways, a company headed by Volvo's former China sales chief, rejected accusations that the Chinese government unfairly supports its businesses.
  • 18
  • "We're not selling inside China, we're not being subsidized in China," said Alexander Klose, vice president of overseas operations. Klose said his company does get "some subsidies for putting a plant somewhere," but added that he believes that is "what everybody has in Europe."
  • 19
  • The EU should be working on getting to a "green future "rather than keeping competition out," he said.
  • 20
  • I'm John Russell.
  • 21
  • Kelvin Chan reported on this story for the Associated Press. John Russell adapted it for VOA Learning English.
  • 22
  • _______________________________________________
  • 23
  • Words in This Story
  • 24
  • battery -n. a device that chemically stores electricity for use in many kinds of devices
  • 25
  • feature - n. an interesting or important part, quality or ability
  • 26
  • stylish -adj. appealing or pleasing
  • 27
  • brand -n. a name under which a product or group of products is sold
  • 28
  • artificially - adv. created or caused by people; not happening naturally
  • 29
  • dissatisfaction - n. a feeling of unhappiness or disapproval
  • 30
  • subjective - adj. based on feelings or opinions rather than facts
  • 31
  • assumption - n. something that is believed to be true but that is not known to be true