US EditionThe EU will impose duties on electric vehicle imports from China by Thursday
- The European Union will impose duties on electric vehicle imports from China by Thursday due to failed talks, as stated in the headline.
- Chinese-Built electric cars increased their market share from 3.9% in 2020 to 25% by September 2023, according to the commission.
- The duties on Chinese manufacturers will range from 17% to 35.3%, facing opposition in Germany, which hosts major automakers.
157 Articles
157 Articles
DNyuz
JingletreeEurope Imposes Higher Tariffs on Electric Vehicles Made in China
Consumers in Europe will face higher prices for electric vehicles made in China after additional tariffs on the cars came into effect on Wednesday as part of an effort by European Union leaders to create what they call a level playing field for domestic auto companies. The higher tariffs stem from an investigation the European Union started into subsidies provided by Beijing that helped carmakers in China produce and sell electric vehicles, givi…
The tariffs on electric cars from China came into force at midnight. Despite German reservations. Beijing wants to continue negotiating to avoid an "escalation".
Five years of tariffs on subsidized Chinese electric vehicles: Brussels is toughening its response to the Beijing offensive, despite German reluctance.
The European Union's decision to impose tariffs of up to 35.3% on Chinese electric vehicles has angered Beijing after an investigation found that Chinese government subsidies have undermined the European auto industry. China slammed the EU's decision on Wednesday (October 30), saying it "does not agree with or accept" the ruling and has filed a complaint under the World Trade Organization's (WTO) dispute settlement mechanism.
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