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HomeTechChina's Nio says commitment to Europe EV market 'unwavering' despite increased tariffs

China’s Nio says commitment to Europe EV market ‘unwavering’ despite increased tariffs

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BEIJING (Reuters) – Chinese electric vehicle maker Nio said on Wednesday that it strongly opposes the EU’s use of increased tariffs as a strategy to obstruct the normal global trade of electric vehicles, but its commitment to the EV market in Europe remains unwavering.

Nio “will continue to serve our users and explore new opportunities within Europe despite protectionism,” according to a company statement.

(Reporting by Qiaoyi Li, Zhang Yan and Kim Miyoung, Editing by Louise Heavens)

Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibilty for its content.

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