# Volkswagen ready to act amid China metal export curbs
Published: 2023-07-06
Category: Wealth Creation
Category URL: https://wealthtribune.com/category/wealth-creation/
Meta Title: Volkswagen Ready to Act amid China Metal Export Curbs
Meta Description: Stay updated on Volkswagen's response to China's export restrictions on gallium and germanium. Ready to take action if necessary.
URL: https://wealthtribune.com/volkswagen-ready-to-act-amid-china-metal-export-curbs/

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## Volkswagen ready to act amid China metal export curbs   (Reuters) – Volkswagen on Thursday said it was monitoring the situation on the raw materials markets after China announced it would control exports of some metals, adding that it was “ready to take measures together with its partners if necessary”.    China’s commerce ministry said earlier this month it would require export permits for eight gallium products and six germanium products from August 1 to protect national security.    A Volkswagen spokesperson told Reuters that gallium and germanium were important resources for automotive products and played a role in future autonomous driving functions.        (Reporting by Jan Schwartz, Writing by Anna Mackenzie, Editing by Friederike Heine)


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