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Caixin Global
Caixin Global
Business
An Limin and Kelsey Cheng

SAIC Motor Rebuts Claim It Held Back Info From EU Investigators

European Union SAIC Caixin

What’s new: SAIC Motor Corp. Ltd. (600104.SH) has fully cooperated with the European Commission’s anti-subsidy investigation and provided all necessary information in accordance with World Trade Organization and EU rules, the Chinese automaker told Caixin.

SAIC’s response follows a Reuters report Friday that the commission has warned three Chinese electric-vehicle (EV) makers that they have not supplied sufficient information for its anti-subsidy investigation, citing people familiar with the matter.

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