The European Commission has issued a Guidance Document on the submission of price undertaking offers in the context of the anti-subsidy duties in place on battery electric vehicles (BEVs) from China.
The Guidance Document provides Chinese exporters of BEVs to the EU with general guidance on the submission of price undertaking offers. It covers various aspects to be addressed in a possible undertaking offer, including the minimum import price, sales channels, cross-compensation, and future investments in the EU.
Each price undertaking offer is subject to the same legal criteria and the European Commission will conduct each assessment in an objective and fair manner, following the principle of non-discrimination and in accordance with WTO rules.
Background
On 29 October 2024, the European Commission finalised the anti-subsidy investigation concerning imports of BEVs from China, with the imposition of definitive countervailing duties ranging from 7.8% to 35.3%. In parallel, and in the spirit of dialogue, the Commission and China have been exploring alternative WTO-compatible solutions that would be effective in addressing the problems identified by the investigation.
The issuance of the Guidance Document follows the discussions that the Commission and China’s Ministry of Commerce have been holding since the investigation was ongoing.
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