EU imposes additional tariffs on China-made EVs

The European Union has sharply raised import duties on Chinese electric vehicles to address what it sees as unfair competition.Starting Friday, provisional tariffs of up to 37.6% will be imposed on China-made EVs coming into the EU, on top of the standard 10% tariff on imported cars.  Meanwhile, China's BYD opened a new factory in Thailand, its first in Southeast Asia, as part of a push to expand its global reach.  

Jul 4, 2024 - 16:00
182115
EU imposes additional tariffs on China-made EVs
The European Union has sharply raised import duties on Chinese electric vehicles to address what it sees as unfair competition.Starting Friday, provisional tariffs of up to 37.6% will be imposed on China-made EVs coming into the EU, on top of the standard 10% tariff on imported cars.  Meanwhile, China's BYD opened a new factory in Thailand, its first in Southeast Asia, as part of a push to expand its global reach.  
Original Post >>    

This article has been sourced from various publicly available news platforms around the world. All intellectual property rights remain with the original publishers and authors. Unshared News does not claim ownership of the content and provides it solely for informational and educational purposes voluntarily. If you are the rightful owner and believe this content has been used improperly, please contact us for prompt removal or correction.