Portuguese 
English 
Spanish 
3 min of reading 
China And The European Union Show Opposition To Washington’s New Position On Electric Cars
Last week, there was a direct line with South Korean President Yoon Suk-yeol and U.S. President Joe Biden, aimed at overturning the controversial Inflation Reduction Act (IRA), a new U.S. law that revises incentives for electric cars, making them a “Made in USA” model.
The meeting between the two leaders took place in London during the late Queen Elizabeth II’s funeral. Subsequently, they headed to New York for a UN General Assembly. In this regard, the two occasions came for Yoon Suk-yeol to persuade Biden about the promise to continue dialogues, to ensure that Kia and Hyundai, with no factories in America until 2025, would be protected from the latest rules.
The news was revealed by Reuters, through an official statement released by Seoul. In a statement, the president requested close cooperation to resolve South Korean concerns regarding the implementation of the Inflation Reduction Act. In this sense, the dialogue aims to preserve the interests of both sides. On the other hand, Biden stated that he is aware of the fears of various international partners. During the meeting, several topics were discussed, including the resilience of supply chains, the climate crisis, and economic and energy security.
-
5 cheapest used cars than a Honda CG 160 Titan 0 km, with options starting at R$ 13,000 for those who want to trade their motorcycle for a car and escape the rain, sun, and risks of riding.
-
Around R$ 24,000: 4 used Ford SUVs with up to 253 hp, V6 engine, all-wheel drive, 7 airbags, panoramic sunroof, and a complete package that surprises with its price and performance in Brazil.
-
A brand new car starts at around R$ 75,000 in Brazil, but what stands out the most is seeing streets filled with SUVs and expensive sedans in a country where millions remain in debt.
-
For R$ 32,000, a brand new Hyundai car is a rival to the Kwid with a 1.2 engine producing 82 hp, 6 airbags as standard, multimedia with wireless Android Auto, up to 391 liters in the trunk, and a refreshed look for 2026 in India.
Chiva Approves New Rule On Electric Cars
Hours after the situation occurred, South Korea realized it is not alone. This is because China joined the movement against Washington. And it didn’t stop there: Besides Seoul, Beijing and the European Union are also denouncing a suspected violation of the World Trade Organization (WTO). On the other hand, the spokesperson for the Chinese Ministry of Commerce, Shu Meeting, threatened the U.S. and pointed out alleged measures to safeguard China’s legitimate rights if necessary. In this regard, it is expected that the U.S. will assess the situation, similarly to Japan and the European Union. The information was reported by Reuters.
Thus, the Vice-President of the EU Commission and Commissioner for Trade stated that Brussels is already included in the complaints against the new rules. He reported a meeting with U.S. Trade Representative Katherine Tai in an attempt to find a middle ground for the situation. A next meeting is scheduled for the end of the month in Indonesia, where preparatory work for the G20 will take place. Therefore, it may be that the discussion will become more heated; however, there is a possibility of consensus among governments regarding the new rules on electric cars.
Meanwhile, the alarm was raised by ACEA, an association that brings together European car manufacturers; this is because the conditions required by the new rule risk limiting the adoption of electric cars. Thus, the change could compromise the transition to green technologies and delay the fight against climate change. Therefore, it is possible that the new rule will still face pushback from the international community. However, only the repercussions of the news will determine what measures will be taken.
Seja o primeiro a reagir!