The European Union has found a way to keep electric-vehicle makers happy without flooding the market with cheap Chinese cars.
The European Commission, on January 12, issued a guidance document allowing carmakers to submit price undertakings, including “the minimum import price, sales channels, cross-compensation, and future investments in the EU.”
This negotiation-driven solution to replace steep tariffs is likely to keep a full-blown trade war at bay.
Each car model will be…

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