Hungarian business insider: Cooperation with China vital to EV growth

For more: https://news.cgtn.com/news/2024-10-08/Hungarian-business-insider-Cooperation-with-China-vital-to-EV-growth-1xx6jpcaMOk/p.html The European Union recently voted to slap tariffs on China-made electric vehicles (EVs). The decision did not sit well with the Chinese Ministry of Commerce and many European businesses. Csaba Wolf, vice president of ChinaCham, the Hungarian-Chinese Chamber of Economy, said China is at the forefront of battery and EV technology. Cooperation with China is essential for those seeking cutting-edge, eco-friendly and cost-effective solutions. Despite the EU's anti-subsidy probe into China-made EVs, it could not stop their global growth. Wolf believes that while tariffs may benefit a few European manufacturers in the short term, European original equipment manufacturers could face long-term challenges. Subscribe to us on YouTube: https://goo.gl/lP12gA Download our APP on Apple Store (iOS): https://itunes.apple.com/us/app/cctvnews-app/id922456579?l=zh&ls=1&mt=8 Download our APP on Google Play (Android): https://play.google.com/store/apps/details?id=com.imib.cctv