Although the EU is carrying out countervailing investigations against electric vehicles imported from China, believing that imposing punitive tariffs can help the EU automobile industry develop, German car manufacturers have recently expressed opposition to this and warned that the effect may be counterproductive. “We continue to warn against the imposition of these tariffs.” According to a report by Germany's “Le Monde” on the 9th, BMW Group Chairman Oliver Zipzer said the day before when announcing quarterly data at the company's Munich headquarters that this would hurt the German automobile industry even more. According to the EU side, Chinese electric vehicle manufacturers have accumulated huge surplus production capacity domestically. For this reason, the EU is concerned that Europe is facing a “wave of Chinese cars.” However, Zipzer did not agree with this. He said, “Currently, the market share of Chinese manufacturers in Germany and Europe is less than 1%. So Europe is definitely not full of Chinese products.” (Global Network)