The EU is expected to compel Chinese businesses to transfer technology and intellectual property to European businesses in exchange for access to European subsidies.
If Chinese companies want part of those grants, they may need to turn over IP and invest in European factory locations.
This resolution, if confirmed, would serve as a counterbalance to previous EU tariffs on Chinese EVs, which added significant costs.
The potential for a new collaboration mirrors China's past practices, where foreign automakers had to partner with local firms to access the market.
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