FILE PHOTO: A BYD HAN electric vehicle is displayed during a BYD store opening at the car dealership Sternauto in Berlin, Germany January 31, 2024. REUTERS/Annegret Hilse/File Photo
BEIJING (Reuters) – China’s electric vehicle companies do not rely on subsidies to gain a competitive advantage, Commerce Minister Wang Wentao said in a roundtable discussion in Paris on Sunday.
Wang also said that accusations by the United States and Europe of China’s “overcapacity” are groundless, according to a statement from the commerce ministry on Monday.
Wang made the remarks at a roundtable meeting of Chinese firms, where he is set for talks that are expected to cover China’s exports of electric vehicles into the European market.
Representatives of more than 10 enterprises such as Geely, BYD and CATL attended the meeting.
(This story has been refiled to correct the spelling of ‘accusations’ in paragraph 2)
(Reporting by Beijing newsroom; Writing by Bernard Orr; Editing by Kim Coghill)
News Related-
Google Pixel 8 Pro Review: Is this the best Android phone of 2023?
-
Namwater Dam Bulletin on Monday 27 November 2023
-
Dr Yunus appointed chair of Moscow Financial University's international advisory board
-
Victory over Nigeria puts Uganda on the brink
-
BoG holds policy rate at 30%, tightens liquidity measures
-
When sea levels rise, so does your rent
-
American International School CEO honoured as ‘Icon of Inspiration and Impact’
-
Sierra Leone prison breaks co-ordinated - minister
-
Address the rise of single parenthood
-
Hyundai Chief Picked as Auto Industry Leader of the Year
-
Unmarried People Under 35 Outnumber Married Ones
-
European interior ministers in Hungary to discuss migration
-
Japan on the watch for unlicensed taxis around Narita airport amid foreign tourism spike
-
ECOWAS to send high-powered delegation on solidarity visit to Sierra Leone