The European Union is facing a record $83 billion trade deficit with China, driven largely by a surge in Chinese electric and hybrid vehicle imports.
⚡ China’s EV exports to Europe nearly doubled in a year 📉 EU exports to China are declining across key sectors 🏠European industries warn of a new “China shock”
In response, the EU is pushing a “Made in Europe” plan to support local manufacturing and reduce reliance on Chinese imports — requiring companies to use more EU-made components to access public funding.
Beijing has strongly criticized the move, warning of possible countermeasures if European policies target Chinese firms.
The global race for clean tech dominance is turning into a full-scale trade battle.
