The European Union is set to impose tariffs ranging from 21% to 48% on Chinese electric vehicles, with manufacturers facing an average rate of 21% for cooperating companies and up to 38.1% for non-cooperating ones. The move, effective next month, aims to address trade tensions and increase the cost of purchasing EVs from China. Chinese government departments and auto industry representatives have expressed strong dissatisfaction with the tariffs, warning against politicizing trade matters and calling for a reconsideration of the decision.
EU PLANS NEW TARIFFS ON ELECTRIC VEHICLES FROM CHINA
EU imposes new tariffs on Chinese EVs; Some Chinese electric vehicles imported into Europe could face tariffs as high as 38.1% — via @drivingdotca #IndustryNews #ElectricVehicles https://t.co/3i7mTaba7Y
In the short term, it is hard to sniff out whether the EU will make gains from imposing hefty new tariffs on EVs. But in the long run the duties could hasten China’s conquest of the European car market https://t.co/ftZj9v2lNH 👇
The European Commission has revealed a list of protectionist duties on imports of battery electric vehicles (EVs) from China, sparking opposition and concerns from governments and businesses across Europe. https://t.co/07315yUGyr
The European Union has announced significant new tariffs on imported Chinese electric vehicles. But why? @VMukherjee7 explains: https://t.co/km2LcKUJY7 #eu #china #electricvehicle
1/10 The European Commission's recent decision to impose provisional duties on imports of electric vehicles (EVs) from China is "blatant protectionism", according to China's Ministry of Commerce, and "will create and escalate trade frictions." https://t.co/CFlfstyHS6
The European Commission revealed the provisional duties it plans to impose on imports of battery electric vehicles (EVs) from China. The decision sparked strong opposition from business figures and auto manufacturers across European countries. https://t.co/0fwZhNtEEq
The European Commission revealed the provisional duties it plans to impose on imports of battery electric vehicles (EVs) from China. The decision sparked strong opposition from government ministers across European countries. https://t.co/8F17gf12yw
The European Commission revealed a list of protectionist duties it would levy on imports of battery electric vehicles (EVs) from China, sparking opposition and concerns from governments and businesses across Europe. https://t.co/zoOqNIOYwq
The European Commission said it will impose duties of up to 38.1% on Chinese-made EVs, starting next month. https://t.co/aU31L0tqGw
🔵 FACTBOX-EUROPEAN CARMAKERS EXPOSED TO ANY CHINESE RETALIATION FOR EU TARIFFS The European Commission will apply additional duties of up to 38.1% on imported China-made electric cars from July, a move that Beijing is likely to retaliate against. Full Story via Reuters on PiQ… https://t.co/TQu2mauhHD
Europe is navigating a precarious road by increasing tariffs on Chinese electric vehicles, writes @chrismbryant (via @opinion) https://t.co/09xXTDa6uh
Observers said the EC's reckless decision to slap #tariffs on Chinese EVs is blatant government intervention in the market, and jeopardizes the mutually beneficial China-EU automotive supply and value chain, which took years to develop into its current landscape and whose… https://t.co/DysNZbrilK
The EU slaps additional tariffs on Chinese EV imports #transportation #sustainability https://t.co/QZfochFvs1
The European Commission on Wednesday revealed the provisional duties it plans to impose on imports of battery electric vehicles (EVs) from China, a move expected to impact bilateral economic cooperation and hinder the EU's green transition. https://t.co/zVUI8yi4NF
RTR: EU to impose tariffs of up to 38% on Chinese electric vehicles #supplychain https://t.co/utHFgTOC5X
Caixin Explains: The EU will provisionally hike tariffs on electric vehicles shipped from China as part of an ongoing investigation into state subsidies. How will the extra duties affect imports of China-made EVs? https://t.co/XXG5wZ57dy
The European Commission says it is imposing additional duties of up to 38.1% on imported Chinese electric vehicles from July, risking retaliation from Beijing which has promised measures to safeguard its interests. https://t.co/zqMtSxOo8i
Chinese electric-vehicle makers, increasingly a global force, have been bracing for months for the prospect of hefty tariffs in Europe, one of their most promising markets. When that day arrived, many were prepared. @selina_cheng https://t.co/7C58wCgn8y https://t.co/7C58wCgn8y
China urges EU to reverse ‘wrong practices’ on EV tariffs https://t.co/0nm54JOkw2
China urges EU to reverse course on EV tariffs https://t.co/VrtoRolEXW https://t.co/PLXYNKtgNd
⚠️ CHINA URGES EU TO REVERSE 'WRONG DIRECTION' ON EV TARIFFS
China urges EU to reverse 'wrong direction' on EV tariffs - Reuters https://t.co/siOgeRuP5r via @YahooFinance
EU To Impose Tariffs As High As 48% On Chinese Electric Vehicles https://t.co/XgOK7KuOg9
China urges EU to reverse 'wrong direction' on EV tariffs https://t.co/p0hFucpO4q
China urges EU to reverse ‘wrong direction’ on EV tariffs #ARYNews https://t.co/VLdnP6Tvx1
“#China hopes the European Union will seriously reconsider tariffs for Chinese EVs and stop going further in the "wrong direction", according to a commentary in state-backed news Xinhua.” https://t.co/iL9tL5R7ny
China is strongly dissatisfied with the EU's plan to impose provisional duties on imports of Chinese EVs, with the move ignoring facts and World Trade Organization rules, Xinhua reported, citing the commerce ministry as saying yesterday. Starting in July, the EU will impose extra… https://t.co/vQ3tpBsNBx
EU hits Chinese #EVs with #tariffs, drawing rebuke from Beijing #EU #EuropeanUnion #trade #autos #automobiles #electricvehicles https://t.co/5O6PCY9U91
What the EU’s tariffs on electric vehicles mean for China https://t.co/EYN4LcSpDe
🇨🇳💥🇪🇺 China hopes the EU will make some serious reconsideration on tariffs for China EVs and stop going further in the wrong direction, according to state media via @Newsquawk •It was reported on Wednesday that the EU intends to impose provisional tariffs on Chinese EVs of…
The EU will slap tariffs of up to 38% on electric vehicles from China. This puts additional strain on China’s EV manufacturers, which already face poor sales in Europe. https://t.co/iZmwXsYGYX
EU Announces Higher Tariffs of Up To 38% On Chinese EVs https://t.co/OLGOcGTquX
WATCH: The EU is slapping new import tariffs of up to 38.1% on Chinese electric vehicles, amid alarm among European and US automakers over an influx of cheap cars from the country https://t.co/uhVTRdvVbZ https://t.co/FJnLMySafL
The EU is slapping new import tariffs of up to 38.1% on Chinese electric vehicles, amid alarm among European and US automakers over an influx of cheap cars from the country https://t.co/R7ZSQnOdW5 https://t.co/rHO9XpF0AL
The EU is raising tariffs on electric vehicles from China in an effort to protect manufacturers from what officials call unfair competition. https://t.co/0qDVfBO883
The EU needs more and cheaper electric vehicles. Brussels’ decision to impose new tariffs on Chinese-made models will keep prices higher for longer, and act as a deterrent to sales https://t.co/CZ89VlLyXP
Political figures from several European countries and representatives from the European auto industry have said that they believe imposing additional tariffs on Chinese #EVs to protect the #EU industry is a misguided approach. https://t.co/ycveoaEtXX
BUSINESS: The European Commission set to impose extra tariffs of up to 38.1% on imported Chinese electric cars
The European Union said on Wednesday that it would impose additional tariffs of up to 38% on electric cars built in China, a move it said would help level the playing field for automakers in Europe. Here's what to know. https://t.co/KBS4gTAONZ
The EU is imposing tariffs of up to 48% on Chinese EVs; currently, the PRC applies a 15% tariff on European EVs. The EU market share of EVs imported from China increased from 4% in 2020 to 25% in September 2023. https://t.co/WOSfIUpCgk https://t.co/5iE9WmdKSb
🚨New: The EU is set to impose tariffs of up to 25% on Chinese electric vehicles. https://t.co/W2wx9ODGu6
The EU needs more and cheaper electric vehicles. Brussels’ decision to impose new tariffs on Chinese-made models will keep prices higher for longer, and act as a deterrent to sales. https://t.co/1ohU023h13
#China warns EU tariffs on EVs would 'harm' Europe's interests https://t.co/uZl2VADi3e
Following weeks of speculation and postponed deadlines, the #EC announced that it would slap extra #tariffs of up to 38.1% on imported Chinese #EVs, starting in July, as a result of a so-called anti-subsidy investigation into Chinese EV makers launched in October 2023.… https://t.co/w5gnaXtRoP
Europe slaps tariffs on imported Chinese EVs, but European automakers aren't too happy about it... https://t.co/QWIFoyMbkY
The European Union moved Wednesday to hike tariffs on Chinese electric vehicles, escalating a trade dispute over Beijing's subsidies for the exports that Brussels worries is hurting domestic automakers. https://t.co/FtnyxwH8jD
The European Commission announced that it would impose provisional duties on imports of Chinese electric vehicles of up to 38.1%, a move likely to draw stern words and possible retaliation from China. More here: https://t.co/uhVTRdvnmr https://t.co/SgD5p14sEO
China's electric cars face additional EU tariffs of up to 38% from next month as the vehicles benefit from "unfair" state subsidies, according to a provisional ruling by the European Commission Read more🔗 https://t.co/sGzGHHhMtV
European Commission increases tariffs by up to 38.1% on Chinese EV companies https://t.co/ftLY5Rwm7N https://t.co/8NBP8lGQOf
The European Commission announced that it would impose provisional duties on imports of Chinese electric vehicles of up to 38.1%, a move likely to draw stern words and possible retaliation from China https://t.co/R7ZSQnOdW5 https://t.co/d9wpHFaM7h
Chinese #EVs to be hit with multi-billion-euro tariffs at #EuropeanUnion toll gates https://t.co/FgSLBqS2AC
Europe's automakers fret as China EV tariff fears become reality https://t.co/NKNgAt5epq https://t.co/qaAS4kEwgV
🔵 EUROPE'S AUTOMAKERS FRET AS CHINA EV TARIFF FEARS BECOME REALITY Full Story → https://t.co/q37KcVMnIx The European Commission's decision to slap tariffs on imported Chinese EVs could have far-reaching effects for European automakers, as a possible trade war would hurt not… https://t.co/4C5izuxjDN
Why Europe is raising tariffs on cheap Chinese EVs https://t.co/yS6WFW9vTW via @nicola_news https://t.co/pWEYCVMPFj
Multiple Chinese government departments and organizations voiced on Wednesday strong opposition to European Commission (EC)'s decision to impose provisional tariffs on Chinese battery electric vehicles (#EV) imports and vowed all necessary countermeasures, urging the #EU to… https://t.co/0NYzW7VJC6
The EU slaps additional tariffs on Chinese EV imports: BYD is just one of the Chinese automakers facing increased tariffs in the EU. | Image: Getty The European Union will place an additional tariff on vehicles imported from China starting… https://t.co/lylPHQj6jZ #ai #ainews
The European Commission notified car makers that it would apply additional duties of up to 38.1% on imported #Chinese #ElectricVehicles (EVs) from next month. https://t.co/wvtLIKcsjf
The EU slaps additional tariffs on Chinese EV imports https://t.co/XOHenCaHhO
🔋🔌 EU imposes higher tariffs on Chinese EVs https://t.co/FtkdmhfeKh 68% of retail CFD accounts lose money.
Breakingviews - Breakingviews: Chinese EV makers will drive around EU tariffs https://t.co/y3UwGyJpzt https://t.co/y3UwGyJpzt
NEWS: The European Union announced they will impose additional tariffs of up to 38.1% on electric vehicles imported from China starting from July. https://t.co/fWH8vlHa7e
Europe navigates a precarious road on China electric-vehicle tariffs: @chrismbryant https://t.co/XFNaEfJi4Z via @opinion https://t.co/mLyzhBYVkK
Tesla $TSLA could be hit with a specially calculated duty on its cars produced in China 🇨🇳 and imported to Europe 🇪🇺 as part of the European Union’s decision to raise tariffs on Chinese electric vehicles - CNBC https://t.co/JTLBM8atUp
Europe is navigating a precarious road by increasing tariffs on Chinese electric vehicles, writes @chrismbryant https://t.co/osvRuIqN5B via @opinion
Latest: EU announces tariffs of up to 38% on Chinese electric cars After months of countervailing investigations, the European Commission notified carmakers that that it will impose additional tariffs of up to 38.1 percent on imports of Chinese electric cars from next month. https://t.co/KVjjJ7MTRy
Here's how the new EU tariffs will impact Chinese EV makers like BYD and NIO https://t.co/6rttpr3u8X by @EVPeteJohnson
📈 Escalation of trade war: EU to impose 38% tariff on electric vehicles from China https://t.co/6ivMGWWIAJ
📣 JUST IN: EU Considers Special Tariffs on $TSLA Tesla's China-Made Cars $NIO $XPEV $LI $PSNY 👉 Key Highlights: 📍 EU imposes up to 38% tariffs on Chinese electric vehicles. 📍 Tariffs could affect Tesla's China-produced cars imported to Europe. 📍 Provisional duties start… https://t.co/aTeLMo7COf
EU to impose tariffs of up to 38% on Chinese electric vehicles https://t.co/hx8JamAkLP
EU to impose multi-billion-euro tariffs on Chinese EVs, FT reports https://t.co/FgSLBqS2AC
EU to hit Chinese electrical vehicles with extra tariffs of up to 38% - Reuters https://t.co/zMJmAEIH7M via @YahooFinance
BRUSSELS (@AP) — The European Union moved Wednesday to hike tariffs on Chinese electric vehicles, escalating a trade dispute over Beijing’s subsidies for the exports that Brussels worries is hurting domestic automakers.https://t.co/lCyFTLXG1G
EU to implement additional tariffs on electric vehicle (EV) imports from China, with rates set at 21% for cooperating companies and 38.1% for non-cooperating companies.
Chinese EV makers face additional tariffs of up to 38 percent in the EU https://t.co/R2yoVB8LAU
From Breakingviews - Breakingviews - Chinese EV makers will drive around EU tariffs https://t.co/vHEazAc5HJ https://t.co/vHEazAc5HJ
#EU Set to Impose Tariffs on Chinese EVs: A New Trade War on the Horizon? https://t.co/TWvRbblBee
The #China Association of Automobile Manufacturers (#CAAM) expressed strong dissatisfaction on Wednesday with the #EU-imposed tariffs on Chinese electric vehicles (#EVs), warning the EU not to politicize trade matters and misuse trade remedy measures. They urged the bloc to avoid… https://t.co/0tbrhK7PVk
The EU will impose extra tariffs on electric cars shipped from China as of next month, taking levies to as much as 48% in a move that further escalates trade tensions and adds to the cost of buying an EV. https://t.co/gaqZuCTsW8
The European Commission on Wednesday pre-disclosed the level of protectionist provisional duties it would impose on imports of battery electric vehicles (EVs) from China. China is strongly dissatisfied with the EU's plan to impose provisional duties on imports of Chinese EVs,… https://t.co/fwRCNlCUbU
#EU to impose multi-billion-euro tariffs on Chinese EVs, FT reports https://t.co/FgSLBqSAqa
Chinese EV makers will drive around EU tariffs - https://t.co/zn0wpYJ5S2 - @KatrinaHamlin https://t.co/BeH3N1ZJb0
EU to hit Chinese electric cars with tariffs of up to 48% Manufacturers that were considered to have co-operated with the EU investigation, announced in September but which were not assigned individual rates, will be subject to a 21% average rate https://t.co/YfFAqP1ZqY
EU to impose tariffs of up to 38% on Chinese electric vehicles - Reuters https://t.co/Cn3s4GKRAk
#EU to impose multibillion-euro tariffs on #Chinese electric cars - FT