China condemns EU investigation into subsidies paid to EV makers across Europe

News Snapshot:

European Commission President Ursula von der Leyen said the investigation will look into whether subsidies were paid to Europe's electric vehicle industry to saturate the market with "cheaper" Chinese EVs. Photo by G7 Hiroshima Summit/ UPI | License Photo Sept. 14 (UPI) -- China issued a stinging rebuke to the European Union Thursday in response to an investigation launched this week into alleged lucrative subsidies paid to Chinese electric vehicle makers throughout Europe, calling the move a "blatantly protectionist act." China's Commerce Ministry issued a statement blasting the probe, which reportedly caught Beijing's leadership by surprise when it was announced...