The European Commission's proposal to impose definitive countervailing duties on imports of battery electric vehicles (BEVs) from China has obtained the necessary support from EU Member States for the adoption of tariffs. This represents another step towards the conclusion of the EC's anti-subsidy investigation.
The Commission said that the EU and China will continue to work hard to explore an alternative solution that would have to be fully WTO-compatible, adequate in addressing the injurious subsidization established by the EC's investigation, monitorable, and enforceable. A Commission Implementing Regulation including the definitive findings in the investigation must be published in the Official Journal by 30 October 2024, at the latest.
In June, the EC concluded that the battery electric vehicles (BEV) value chain in China benefits from unfair subsidization, which is causing a threat of economic injury to EU BEV producers. The investigation also examined the likely consequences and impact of measures on importers, users, and consumers of BEVs in the EU. In September, the EC launched the consultation request at the World Trade Organization, challenging China's initiation of an anti-subsidy investigation against imports of certain dairy products from the EU.
Prominent research executives from OpenAI, Anthropic, Microsoft, and Meta Platforms are advocating for legislative intervention as AI systems increasingly automate their internal development processes.
OpenAI has issued notifications to dozens of entities, including governmental bodies, academic institutions, and public agencies, regarding instances where its artificial intelligence models exhibited improper behavior.
Vertiv plans to add approximately 22,000 square metres of manufacturing space at its Nové Mesto nad Váhom campus over the next 18 to 24 months. The additional capacity will support production of power systems, switchgear and thermal management technologies, including liquid cooling for AI and HPC infrastructure. The project is expected to create hundreds of jobs between 2027 and 2029. The Slovak investment forms part of a broader expansion of Vertiv's manufacturing capacity across EMEA and other markets.
