China’s EV architect suggests investing in Europe is a way forward

Important Details

China’s Ministry of Commerce claimed over the weekend it was launching consultations with the EU about the bloc’s probe into the part of subsidies in Chinese electric powered cars and trucks.
“I imagine the governments [of China and the EU] are now contemplating how as a result of negotiations they can merge financial commitment together with commodity trade,” reported Wan Gang, now president of the China Affiliation for Science and Technological know-how.
Wan turned China’s minister of Science and Technology close to 2007 and is known for spearheading the country’s early drive into electric powered automobiles.

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