The reality behind tariffs on Chinese EVs

While in the midst of writing Inspiring Greater Bay Area, a book dedicated to introducing the transformative vision reshaping southern China and beyond, I stumbled upon news on the European Union's imposition of tariffs on Chinese electric vehicles (EV). It would apply additional duties of up to 38.1 percent on imported Chinese electric vehicles from next month, potentially instigating a trade war with China.

The news prompted me to explore BYD, a company that is under close scrutiny by the European Commission. When examining BYD, it's hoped people recognize that tariffs serve to obscure genuine issues on the EU front and prompt the raising of more fundamental questions about the future trajectory of Chinese enterprises and their role in the global market.

BYD Auto was established in January 2003 by Wang Chuanfu, who was born in 1966. Much has been written about the journey of Wang, a destitute child from Anhui province, who has ascended to become one of the world's most prominent business leaders.