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China's Nio says commitment to Europe EV market 'unwavering' despite increased tariffs
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China's Nio says commitment to Europe EV market 'unwavering' despite increased tariffs
Jun 12, 2024 4:08 AM

BEIJING, June 12 (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.

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