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[6.9 Lithium Battery News] Ministry of Commerce Responds: Current Price Commitment Consultations Between China and EU on EV Case Have Entered Final Stage

iconJun 9, 2025 09:01
Source:SMM

[Dazhong Mining: Geological Environment Protection and Land Reclamation Plan for the Tongtianmiao Ore Block in the Jijiaoshan Mining Area of the Lithium Mine Passes Expert Review]Dazhong Mining announced that the "Geological Environment Protection and Land Reclamation Plan for the Tongtianmiao Ore Block in the Jijiaoshan Mining Area, Linwu County, Hunan Province," compiled by its wholly-owned grand subsidiary Chenzhou Chengtai, recently passed the expert review by the Ministry of Natural Resources. (Cailian Press)

[Mexico's Auto Parts Industry: US Tariffs Threaten the Operation of North America's Automotive Industry Chain]The Mexican National Auto Parts Industry Association (INA) issued a statement on June 6 local time, stating that the US decision to raise import tariffs on steel and aluminum to 50% may jeopardize the continuous operation of North America's automotive industry chain. The association expressed concern in the statement about the US government's decision to increase import tariffs on steel and aluminum derivatives produced in Mexico from 25% to 50%. According to the association's assessment, this move will affect the competitiveness of Mexico's auto parts industry, disrupt the stability of North America's highly integrated supply chain, and impact automotive production across the region. (Cailian Press)

[Ministry of Commerce: Currently, Price Commitment Consultations Between China and the EU on the EV Case Have Entered the Final Stage, but Both Sides Still Need to Make Efforts]A spokesperson for the Ministry of Commerce answered questions from reporters regarding Minister Wang Wentao's talks with Valdis Dombrovskis, the European Commissioner for Trade and Economic Security, during his visit to France. Question: Are there any new developments in the price commitment consultations on the anti-subsidy case for electric vehicles (EVs)? Can you provide the latest information? Answer: Minister Wang Wentao and Commissioner Dombrovskis held professional and in-depth discussions on the EV case, pushing it a significant step forward towards a proper resolution. Currently, price commitment consultations between China and the EU on the EV case have entered the final stage, but both sides still need to make efforts. The EU proposed exploring new technical paths simultaneously, and China will assess the feasibility of the EU's proposal from legal and technical perspectives. Both sides instructed their working teams to intensify efforts to find a mutually acceptable solution that complies with their respective legal provisions and WTO rules, and properly resolve trade disputes.

[CAAM: Export Value of Auto Parts Products Reached $8.02 Billion in April, Up 6.3% YoY]According to data compiled by the China Association of Automobile Manufacturers (CAAM) from the General Administration of Customs, in April 2025, the export value of auto parts products reached $8.02 billion, down 3.7% MoM but up 6.3% YoY. From January to April 2025, the cumulative export value of auto parts products reached $31 billion, up 4.8% YoY. (Cailian Press)

[China Automobile Dealers Association: New Car Price Wars Continue, Price Reductions May Suppress the Activity of the Used Car Market]The China Automobile Dealers Association and Jingzhengu jointly released the "Research Report on China's Auto Retention Rate for May 2025."The report points out that the supply of used cars has shown signs of weakness, prompting the industry to readjust its growth expectations. The duration of the used car market rally, stimulated by trade-in subsidies, is difficult to predict. When considering prices, the price war for new cars in May and June continues, and price reductions may dampen the activity in the used car market. From a product perspective, after a batch of new car models are launched, older models do not quickly flood the used car market. Instead, the actual used car transactions involve more older vehicles. (Cailian Press)

[Changan Auto's Zhu Huarong: Firmly Opposes Vicious Competition Without Moral or Legal Boundaries] Zhu Huarong, Chairman of Changan Auto, stated that the company firmly opposes vicious competition without moral or legal boundaries. Changan Auto promises that, no matter how fierce the competition is, all its brands will adhere to the company's bottom lines and principles, which means unwaveringly ensuring the safety, quality, and long-term sustainable service of its products. The company will never participate in competition by harming the interests of users. Instead, it will adhere to legal compliance in global market competition and persist in enhancing efficiency through measures such as group-wide operations, cost reduction through scale, and the development of common platforms. (Cailian Press)

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