The EU has voted in favor of massive tariffs on Chinese EVs. Here’s what it means for Europe’s carmakers
EU countries on Friday gave a definitive green light to hefty additional tariffs on electric cars made in China, despite strong opposition led by Germany and fears it will spark a trade war with Beijing.
EU hits China with tariffs in electric car sales battle
The move to introduce tariffs aims to protect the European car industry from being undermined by what EU politicians believe are unfair Chinese-state subsidies on its own cars. Charges of up to 45% are to be enforced on electric cars made in China for the next five years,
Europe Expected to Approve Higher Tariffs on Electric Cars From China
The European Union is expected to support wielding tariffs on electric vehicles made in China, seeking to prevent unfair competition.
EU imposes new tariffs on Chinese electric vehicles
The European Union on Friday voted to impose a new tariff of up to 35% on Chinese electric vehicles, heightening trade tensions between Brussels and Beijing. The tariffs had been the source of significant internal friction among the EU’s member states,
EU hits China with big taxes in electric car sales battle
Big taxes will be imposed on imports of electric vehicles from China to the EU after the majority of member states backed the plans. The move to introduce tariffs aims to protect the European car industry from being undermined by what EU politicians believe are unfair Chinese-state subsidies on its own cars.
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China urges EU to delay implementing tariffs on China-made EVs, state media says
China called on the European Union on Friday to delay implementing tariffs on Chinese-made electric vehicles and avoid ...