Stellantis-backed Leapmotor has said that setting minimum prices for Chinese electric vehicles in Europe would prevent it bringing affordable small cars to the continent, even if the EU-Beijing plans lead to the lifting of tariffs.
Cao Li, senior vice-president of the Chinese carmaker, said “a commitment to a minimum price . . . wouldn’t be a favourable measure for small cars”.
The company said in Hong Kong on Wednesday that its small European models were “definitely” priced below the range currently being discussed by China and the EU.
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