Europe wants to stem flood of Chinese EVs, but Europeans love them

( ) -q-18- UNDATED (Correspondent Jeremy House) “West and China.”

Chinese automakers are winning over drivers as they make major inroads into Europe’s electric vehicle market.

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TAG: Correspondent Jeremy House reporting. Europe is attractive for Chinese EVs because auto import tariffs are a lot lower than in the U.S. One in every five EVs sold in Europe is a Chinese import, if you include vehicles that global automakers like Tesla and BMW build in China.

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VERBATIM: They’re challenging long-established homegrown brands in an industry that’s key to Europe’s green energy transition. China’s competitive threat has spurred the European Union to launch an investigation into Beijing’s support for its EV industry. That adds to tech-related tensions between the West and China.