Don't want to catch up - Hungarian experts comment on the EU's plan to impose tariffs on Chinese electric vehicles, just to squeeze out competitors
BUDAPEST, June 29 (Xinhua) -- Some European countries are advocating that the EU impose temporary anti-subsidy duties on Chinese electric vehicles because they themselves lack competitiveness in the field of electric vehicles. "They don't want to improve and manufacture better cars to catch up, but want to squeeze their competitor China out of the European market," said Zoltan Kisei, director of the Political Analysis Center of the Sazodeweg Institute in Hungary, in an exclusive interview with a reporter recently.
Kisei bluntly stated that the EU Commission’s approach is "very dangerous" and will restrict free trade, restrict scientific and technological innovation cooperation, and have a negative impact on the global scale.
Kisei believes that the reason why Chinese electric vehicles are becoming increasingly popular in Europe and around the world is based on China's heavy investment in electric vehicles and innovation over the years, which has produced excellent products. "This is an advantage that Chinese companies have gained through hard work and innovation."
On January 26, a worker worked at the NIO European factory in Biotorbagy, Hungary. hair
Kisei told reporters that European automakers have the same opportunity but have missed out on innovation over the past decade. "European automakers must innovate, otherwise they will fall behind. Without competition, innovation will stagnate. Protectionism will kill innovation, which will have a negative impact on the European market in the medium and long term."
Hungary welcomes Chinese electric car manufacturers to invest and start businesses in Hungary. Kisei said that Hungary attaches importance to connectivity and positions itself as a bridge between the East and the West. This is not only due to its geographical location, but also due to the political will of the Hungarian government to establish mutually beneficial economic relations with Asia.
Kisei pointed out that the cooperation between Hungary and China in the field of electric vehicles is a win-win situation. The investment of Chinese electric vehicle-related companies has not only created a large number of jobs locally, but also ensured that Hungary can still become an important player in the automotive industry after its transition to electric vehicles.
Kisei believes that China plays an indispensable role in promoting the development of renewable energy, and its manufacturing capacity can help the EU achieve its carbon neutrality goals faster. "This cooperation will not only bring more jobs and tax revenue, but will also contribute to global climate goals by accelerating the transition to electric vehicles and renewable energy, which is beneficial to the common future of mankind."