VIEW Reactions to EU probe of Chinese electric cars imports

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A NIO ET5 car model is pictured at the NIO House, the showroom of the Chinese premium smart electric vehicle manufacture NIO Inc. in Berlin, Germany August 17, 2023. REUTERS/Annegret Hilse/File Photo Acquire Licensing Rights LONDON, Sept 13 (Reuters) - The European Commission launched an investigation on Wednesday into whether to impose punitive tariffs to protect European Union automakers against Chinese electric vehicle (EV) imports it says are benefiting from excessive state subsidies. EUROPEAN COMMISSION PRESIDENT URSULA VON DER LEYEN "Global markets are now flooded with cheaper electric cars. And their price is kept artificially low by huge state subsidies....