The European Union will apply provisional tariffs to Chinese electric cars from today, July 4, while ongoing negotiations with the Chinese government continue ahead of a deadline later this year to make them permanent. The extra tariffs hit MG owner
particularly hard after the EU’s law-making body the European Commission accused it of failing to properly co-operate with the investigation. has to pay an additional 37.6% on the wholesale price of imported EVs on top of the 10% the company is currently charged. The figure is 0.5% below the initial published figure following negotiations. BYD must pay an additional 17.4% tariffs, and Geely an extra 19.9%, according to an European Commission statement. Other Chinese car makers are either hit with 20.8% additional tariffs if they co-operated or 37.6% if they didn’t.