EU hits China with tariffs on electric vehicles

Mark Moran
04 October 2024
 

Taxes imposed on imports of electric vehicles from China to the EU after the majority of member states backed the plans.

The move to introduce tariffs aims to protect the European car industry from being undermined by what EU politicians believe are unfair Chinese-state subsidies on its own cars.

Charges of up to 45% are to be enforced on electric cars made in China for the next five years. The charges were calculated based on estimates of how much Chinese state aid each manufacturer has...

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