EU slaps steep tariffs on Chinese electric cars

Guardian

EU brushes aside risk of China trade war over electric vehicle tariffs

Germany blocks sale of VW gas turbine business to China

The European Union (EU) has voted in favor of increasing tariffs against Chinese-made electric vehicles (EVs) on Friday.

BBC News

Whilst the European bloc has not made the outcome of the vote public, it has been reported that the measure passed with ten countries in favor, five against, and twelve abstaining.

EuroNews

Countries in favor reportedly included France, Italy, Poland, and the Netherlands; countries abstaining included Belgium, Sweden, and Greece; whilst both Germany and Hungary voted against the policy.

Reuters

In order to reject the tariffs proposed by the European Commission (EC), a 'qualified' majority of 15 states totalling at least 65% of the EU population was necessary.

Euractiv

Proposed tariffs will reach up to 36% in addition to the bloc's 10% car import duty, and come following an EC investigation beginning last year alleging Chinese-state subsidies create an unfair advantage in the EV market.

Dw.Com

Approximately 438K battery-electric cars worth $10.6B were imported into the EU from China in 2023. The same year, 21.7% of EU battery-electric var sales were Chinese-made, up from 2.9% in 2020.

EU Votes in Favor of Chinese Electric Vehicle Tariffs

Sign Up for Our Free Newsletters
Sign Up for Our Free Newsletters

EU Votes in Favor of Chinese Electric Vehicle Tariffs

Sign Up for Our Free NewslettersSign Up for Our Free Newsletters

Sign Up for Our Free Newsletters
Sign Up for Our Free Newsletters