EU slaps Chinese EVs tariffs of up to 38%

BRUSSELS — The European Union on Thursday slapped extra provisional duties of up to 38 percent on Chinese electric car imports because of Beijing's 'unfair' support, a move that risks escalating tensions with Beijing.A European Commission probe launched last year concluded that state subsidies for Chinese EV manufacturers were unfairly undercutting European rivals.

People look at a Nio ET7 at the Beijing Auto Show on May 3, 2024. The European Union on July 4 imposed tariffs of up to 38 percent on Chinese electric cars, which Beijing denounced as ‘politically motivated.’ AFP PHOTOEuropeans are split on the move, with Germany and its homegrown auto champions, who do significant trade with China, fearing it will do more harm than good if it leads to a clampdown on EU exports as Beijing has already threatened.

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EU set to disclose tariff rates for Chinese EVsBRUSSELS — The European Commission is this week expected to disclose the tariffs it plans to impose on Chinese electric vehicles (EVs) due to what it says are excessive subsidies, a move likely to prompt stern words and possible retaliation from Beijing.
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