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schizoidman@lemm.ee to [Dormant] Electric Vehicles (Moved to !electricvehicles@slrpnk.net)@lemmy.worldEnglish · 8 months ago

Electric cars: EU hits China with tariffs in battle for sales - BBC News

www.bbc.co.uk

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Electric cars: EU hits China with tariffs in battle for sales - BBC News

www.bbc.co.uk

schizoidman@lemm.ee to [Dormant] Electric Vehicles (Moved to !electricvehicles@slrpnk.net)@lemmy.worldEnglish · 8 months ago
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Electric cars: EU hits China with tariffs in battle for sales
www.bbc.co.uk
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The vote risks sparking a trade war as the EU looks to protect its own car makers.

cross-posted from: https://lazysoci.al/post/18120065

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  • Buffalox@lemmy.world
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    8 months ago

    The below Information is from this article:
    https://www.euronews.com/my-europe/2024/10/04/brussels-breaks-impasse-after-eu-countries-fail-to-agree-on-chinese-ev-tariffs

    The import tax depend on subsidies to the brand and their level of cooperation with the Commission’s investigation:

    • Tesla: 7.8%
    • BYD: 17%
    • Geely: 18.8%
    • SAIC: 35.3%

    Other EV producers in China that cooperated in the investigation but have not been individually sampled: 20.7%-

    This tax will come on top of the existing 10% rate.
    The duties will likely enter into force on 31 October and last for at least five years.

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