Analysis-China gears up to make a deal with Europe as EV tariffs loom

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Analysis-China gears up to make a deal with Europe as EV tariffs loom

By Sarah Wu and Philip Blenkinsop BEIJING/BRUSSELS (Reuters) – The European Commission’s expected move to hike tariffs on Chinese electric vehicles is set to kick off a round of talks that Chinese executives hope will soften the blow for the world’s biggest EV industry. The provisional tariffs, expected to be announced by June 5, will be a sticker shock representing billions of dollars in new costs for Chinese electric car makers. But both E…