“We think it’s discriminatory, that it is discriminating against foreign producers in relation to U.S. producers,” said European Commission spokesperson Miriam Garcia Ferrer. “Of course this would mean that it would be incompatible with the WTO.”
“But we need to ensure that the measures introduced are fair and … non-discriminatory,” she said. “So we continue to urge the United States to remove these discriminatory elements from the bill and ensure that it is fully compliant with the WTO.” South Korea’s trade ministry held a meeting with automaker Hyundai Motor Co and battery makers LG Energy Solution, Samsung SDI and SK. The companies asked Seoul to support them so that the bill would not put them at a competitive disadvantage in the U.S. market, according to the statement.
“Korea is deeply concerned that the recent U.S. Senate’s EV tax incentive bill includes provisions for providing tax incentives discriminating between North American-made and imported EVs and batteries,” the Korea Automobile Manufacturers Association said in a statement. It said South Korea has been offering subsidies for EVs made in the United States.
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