Beijing (Reuters) – In an interview with China's state television broadcaster, China's electric vehicles have been competing for about three to five years in the competition for product, technology and industrial chains.
Wang was interviewed on Monday after a seminar between Chinese President Xi Jinping and some well-known figures in China's technology field. Wang was one of the business leaders who spoke at the conference.
China became the world's largest automobile exporter in 2023, but its electric vehicle exports face tariffs from the United States and the EU, which imposed a 17.0% tariff on electric vehicles in Germany.
Wang said in an interview with Yuyuan Tantian, a social media account related to China State Broadcasting Corporation CCTV, that trade protectionism does not work for good products. He added that consumer approvals are inspiring electric vehicle manufacturers to “overcome all kinds of difficulties.”
(Reported by Xiuhao Chen and Ryan Woo, Editors of Ed Osmond and Angus Macswan)
