Workers complete assembling an electric vehicle (EV) at China's EV start-up Leapmotor in Jinhua, East China's Zhejiang Province on April 1, 2024. Photo: VCG

Chinese and EU technical teams have commenced engagement on negotiations on electric vehicle (EV) pricing commitments, Yuyuantantian, a social media account affiliated with China Media Group reported on Sunday.

The report came after China's Commerce Minister Wang Wentao and European Commissioner for Trade and Economic Security Maros Sefcovic held a talk via video on April 8.

According to a statement after the video talk, the two sides agreed to start consultation on issues concerning market access at an early date, and immediately start negotiations on electric vehicle pricing commitments as well as issues related to bilateral investment cooperation in the auto sector, the Xinhua News Agency reported.

Earlier on April 3, Chinese Commerce Ministry spokesperson He Yadong said at a regular press conference that China and the EU have agreed to promptly resume their negotiations on a price commitment plan regarding the anti-subsidy probe into Chinese EVs.

He noted that the resumption of talks is part of efforts to foster a stable environment for investment and industrial collaboration between Chinese and EU enterprises.