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China says EV tariff talks with EU are in final stages

  • As of early June 2025 in Paris, China and the European Union are nearing the conclusion of talks focused on establishing price commitments for electric vehicles imported from China.
  • These talks follow the EU imposing high tariffs last year on Chinese EVs due to concerns over heavy Chinese government subsidies and pricing imbalances.
  • Chinese automakers, led by BYD, have expanded aggressively into Europe, launching models like the Dolphin Surf and challenging established European brands with competitive pricing.
  • A June promotion lowered BYD's starting prices to €19,990, contributing to Chinese brands nearing a 10% market share in the UK after rapid growth.
  • The outcome of these talks and the July EU-China summit could reshape EV trade dynamics, potentially easing tensions or escalating competition over subsidies and market access.
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World News broke the news in United States on Sunday, June 8, 2025.
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