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Escalation of Trade War: EU to Impose 38% Tariffs on Chinese...
EU to Impose 38% Tariffs on Chinese Electric Vehicles
EU threatens tariffs of up to 38% on Chinese electric cars...
The body, which had voiced fears earlier this year that Chinese-made battery electric vehicles were anticompetitive, said in a statement it was aiming for talks with authorities in Beijing in a bid to resolve the dispute before taking any final decision. Europe's major car producers had urged no action, fearing reprisals hitting their own sales in China if the world's second largest economy responded in kind with punishing duties.
EU to slap extra tariffs of up to 38% on Chinese...
The European Union threatened on Wednesday to hit Chinese electric car imports with additional tariffs of up to 38 percent from next month following an anti-subsidy probe, a move that risks triggering a trade war.The EU's tariffs, while high, are lower than the United States' 100-percent rate imposed from last month on Chinese electric cars.
China’s Nio says commitment to Europe EV market ‘unwavering’ despite tariff...
BEIJING (Reuters) -Chinese electric vehicle maker Nio strongly opposes the European Union's use of increased tariffs as a strategy to obstruct the normal global electric vehicle trade but its commitment to Europe's EV market is unwavering, it said on Wednesday. Nio "will continue to serve our users and explore new opportunities within Europe despite protectionism", it said in a statement. The EU has decided to apply additional duties of up to 38.1% on imported Chinese electric vehicles from July
Europe will hit China’s EV exports with tariffs as high as...
The European Commission said it would put a range of tariffs on imports of Chinese EVs to the continent
Xpeng’s ‘Made Of New AI’ Mona 03 Previewed With Sub-$14,000 Starting...
Xpeng Mona 03 Previewed With BYD Battery And Sub-$14,000 Starting Price
What is BYD?
You might have seen BYD plastered all over the Euro 2024 coverage. The car company is an official partner of the tournament – but what is BYD, and what do you need to know?
EU sets out tariffs to tackle Chinese EV ‘threat’
The decision comes after an ongoing investigation into what the EU believes is China’s "unfair subsidisation".
European Union sets out tariffs to tackle Chinese EV ‘threat’
The decision comes after an ongoing investigation into what the EU believes is China’s "unfair subsidisation".
EU imposes tariffs on Chinese EVs: BYD 17.4%, Geely 20%, SAIC...
Other BEV producers in China, which cooperated in the investigation would be subject to duty 21%.
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