Hungarian car chief calls for cooperation with China
Hungarian Auto Dealers Association president Gabor Gablini say the EU decision to impose tariffs on Chinese electric vehicles (EVs) is not a sustainable solution.
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00:00Joining me today is Mr. Gabor Gamblini, he is the president of the Hungarian Auto Dealers Association.
00:09Sir, thank you so much for taking the time to speak with us today.
00:13It's a pleasure to meet you.
00:14So, let's begin. Recently, the European Union moved to impose tariffs for five years on Chinese electric vehicles.
00:23Do you believe this was the right approach?
00:28I think it was a hurry approach, a quick approach, but not the best.
00:35Because impose tariffs do not give a solution for the problem.
00:43We have some difficulties, we need to find some solutions, but the impose tariffs wouldn't help it.
00:51They say that these votes split the European Union.
00:55You had five countries, including Hungary, that voted against it, but there were 12 countries that abstained from voting.
01:03Is that telling? Does that send a message?
01:07Yes, absolutely. I think in the economy, we need some rational answers from rational questions.
01:17So impose tariffs are a more emotional answer than rational.
01:26For this reason, I don't believe that it will work.
01:30I don't believe that it will work for a long time, maybe for a short time.
01:37Maybe it wouldn't exist maximum until the end of the year.
01:43Because I think that in the technology, in the electric vehicle technology, the Asians, the Chinese are ahead of Europe.
01:57So if we want to make closer, we want a smaller gap, or we want to develop and quick develop, the only solution could be the cooperation and the negotiation.