EU tariffs on Chinese electric vehicles to increase up to 48pc

Capt. John

THE European Union will impose additional tariffs on electric cars from China starting next month, taking tariffs to 48 per cent, reports Bloomberg. The bloc formally notified carmakers including BYD, Geely and MG owner SAIC of the charges on battery-electric cars due to be implemented around July 4, the European Commission said, following an investigation of subsidies that started last year. China’s EV manufacturers have been pushing more aggressively into Europe amid a domestic price war and...

https://www.seanews.com.tr/eu-tariffs-on-chinese-electric-vehicles-to-increase-up-to-48pc/200617/

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