The European Union has officially launched an anti-subsidy investigation into electric vehicles imported from China. The move has sparked a wave of opposition from the Chinese government and industry representatives, who view the probe as a protectionist measure. The European Commission’s decision to initiate the investigation stems from concerns that Chinese EVs, which are allegedly benefiting from state subsidies, are entering the European market at artificially low prices. This, the EU argues, poses a threat to its own EV industry. China’s commerce ministry expressed its “strong… More…