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The 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.
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regionalmedianews.com broke the news in on Tuesday, October 29, 2024.
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