#china #chinanews #europeanunion #spain #russia #electricvehicles
Recently, the European Union announced temporary tariffs on Chinese electric vehicles, a move that did not surprise us. After all, the EU's reaction was predictable after the United States imposed sanctions on Chinese electric vehicles.
However, surprisingly, China began to take countermeasures just one week later. In October 2024, a Chinese automaker announced that it would cancel its plan to build a factory in Spain with an annual production of 150,000 electric vehicles.
Faced with this situation, Spain seemed to realize the seriousness of the problem. They began to change their attitude, expressing support for Chinese auto companies' investment in Spain and calling on the European Union to reconsider its decision to impose tariffs on Chinese electric vehicles.
But interestingly, despite the West's continued crackdown on Chinese electric vehicles this year, Russia has extended an invitation to China, hoping that more Chinese electric vehicle companies can build factories in its territory.
So what does China's cancellation of 150,000 electric vehicle orders mean to Spain? Will China abandon the European market and turn to Russia for development?
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