Etiqueta: Geely
EU implements tariffs on Chinese electric vehicles
The European Commission made a significant announcement on Wednesday, revealing its intention to levy additional duties on imported Chinese electric vehicles, a move that could potentially ignite tensions with China. These tariffs, slated to take effect next month, could reach as high as 38.1%, depending on the manufacturer.
According to the company breakdown provided by the Commission, the provisional tariffs are as follows:
- BYD (17.4%)
This includes various entities under BYD, such as BYD Auto Co Ltd and Changsha BYD Auto Co Ltd.
EU Imposes High Tariffs On Chinese Electric Cars; BYD, Geely, And...
The EU slams Chinese electric vehicles with tariffs as high as 38.1%, accusing them of unfair subsidies. BYD, Geely, and SAIC are likely hardest hit. New tariffs will come into action starting July 4th, 2024. EU carmakers express concern about potential retaliation from China, raising worries of a broader trade war., Electric Vehicles News - Times Now
China EV Stocks Rise on Bets Tariffs Are Manageable: Street Wrap
(Bloomberg) -- Chinese electric-vehicle stocks gained as analysts said the European Union’s preliminary announcement of tariff increases was in line with market expectations and manageable for companies with cost strength like BYD Co Ltd. Most Read from BloombergHunter Biden Was Convicted. His Dad’s Reaction Was Remarkable.US Inflation Broadly Cools in Encouraging Sign for Fed OfficialsFed Officials Dial Back Rate Forecasts, Signal Just One ‘24 CutStock Bull Run Breaks Record on Fed Decision Day
Europe prepares for China retaliation after EU imposes EV tariffs
As retaliation for the EU’s tariffs on Chinese electric vehicles, China could potentially slap duties on things like European pork and dairy products, as well as brandy and luxury goods.
EU hits Chinese EVs with tariffs, drawing rebuke from Beijing
The European Commission said it will impose extra duties of up to 38.1% on imported Chinese electric cars from July, risking retaliation from Beijing which said on Wednesday it would take measures to safeguard its interests.
Chinese brands dominate May car sales in China
Four out of the top 5 best selling brands in China during May were Chinese and BYD is dominating especially with NEVs.
The post Chinese brands dominate May car sales in China appeared first on CarNewsChina.com.
Lynk & Co unveils its first all-electric model Z10 in Stockholm,...
Lynk & Co Z10, Zeekr 001's cousin, has been born
The post Lynk & Co unveils its first all-electric model Z10 in Stockholm, Sweden appeared first on CarNewsChina.com.
Lynk & Co unveils its first all-electric model Z10 in Gothenburg,...
Lynk & Co Z10, Zeekr 001's cousin, has been born
The post Lynk & Co unveils its first all-electric model Z10 in Gothenburg, Sweden appeared first on CarNewsChina.com.
EU tariffs on China: Global reaction
The European Commission said on Wednesday it would set provisional duties of up to 38.1% on imports of Chinese electric vehicles, a move likely to draw possible retaliation from China.
Here’s how the new EU tariffs will impact Chinese EV makers...
After concluding that EVs imported from China have an unfair advantage due to government subsidies, the European Commission said it...
