BEIJING, June 6 — China never makes use of subsidies for electric vehicles that have been prohibited by the World Trade Organization, a spokesperson for its foreign ministry said today.
Chinese companies are producing waves of low-priced EVs that some worry could harm big US automakers, some of which have focused recently on big gasoline-powered sports utility vehicles.
“China’s new energy products, including electric vehicles, are widely popular in the international market,” Mao Ning, the spokesperson, told a regular press briefing.
“They are the result of the combined effects of comparative advantages and market laws.” — Reuters