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International Business Times
International Business Times
Bruce Golding

State-Owned Chinese EV Company Considers Making Cars in EU: Report

The GAC Motor Enverge concept electric vehicle is unveiled at the 2018 North American International Auto Show in Detroit on Jan. 15, 2018. (Credit: Bill Pugliano/Getty Images)

GAC, China's state-owned auto company, is considering manufacturing electric vehicles within the European Union to avoid hefty tariffs approved earlier this month, according to a report Sunday.

GAC general manager of international business Wei Heigang told Reuters that the company was "actively exploring this possibility" following the Oct. 4 vote by the European Commission, the EU's governing body, to impose import duties of up to 45% on Chinese-made EVs.

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