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  5. EU Imposes Tariffs on Chinese Electric Vehicles

EU Imposes Tariffs on Chinese Electric Vehicles

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The European Union has imposed provisional duties of up to 38% on Chinese electric vehicle (EV) imports due to concerns over unfair state subsidies provided to Chinese manufacturers. The European Commission's investigation found that these subsidies were unfairly undercutting European rivals, leading to the imposition of additional tariffs on top of existing import duties of 10%. European Commissioner for Competition Margrethe Vestager stated that the tariffs aim to "correct what we consider to be unfair" and emphasized that they will not completely block imports from China.

1 / 2
  1. European Union
    1. The provisional findings of the EU anti-subsidy investigation indicate that the entire BEV value chain benefits heavily from unfair subsidies in China, and that the influx of subsidised Chinese imports at artificially low prices therefore presents a threat of clearly foreseeable and imminent injury to EU industry.
  2. CN
    Lin Jian
    Chinese Ministry of Foreign Affairs
    1. China will take all necessary measures to firmly safeguard its legitimate rights and interests.
  3. DE
    Ursula Von Der Leyen
    European Commission
    1. Global markets are now flooded with cheaper Chinese electric cars.
    2. Their price is kept artificially low by huge state subsidies. This is distorting our market.
  4. DE
    Volker Wissing
    Independent
    1. Cars must become cheaper through more competition, open markets and significantly better business conditions in the EU, not through trade war and market isolation.
    2. The European Commission's punitive tariffs hit German companies and their top products.
  5. DK
    Margrethe Vestager
    European Commission
    1. It's necessary because it's important for a global EV industry that is not just China providing for the entire world.
    2. With these tariffs, there will still be imports of EVs from China to Europe. This is not a blockade. There is still global trade ongoing.
  6. DE
    Ferdinand Dudenhöffer
    Center Automotive Research Institute
    1. Chinese companies have great cars but have less experience in marketing these vehicles.

EU-China Relations

  1. EU slaps tariffs of up to 35.3% on Chinese electric cars
  2. China's President Xi Jinping Strengthens Ties with Serbia in Visit Marking 25th Anniversary of NATO Bombing
  3. At summit in Paris, Macron and von der Leyen press China's Xi on Ukraine and fair trade

sources

  1. 1.DW News
  2. 2.BBC
  3. 3.The Guardian
  4. 4.Phys.org
  5. 5.France 24
  6. 6.CNA News
  7. 7.Le Monde
  8. 8.Agence France-Presse
  9. 9.Central News Agency
  10. 10.Financial Times
  11. 11.Science X

perspectives

  1. 1.Russia-Ukraine War
  2. 2.Chinese Foreign Policy
  3. 3.China under Xi Jinping
  4. 4.China Claims in South China Sea
  5. 5.Trade Agreement
  6. 6.Political status of Taiwan
  7. 7.European Commission under Ursula von der Leyen
  8. 8.Protectionism
  9. 9.French Economy
  10. 10.German Economy
  11. 11.Electric Cars
  12. 12.Electric battery

countries

  1. 1.AustriaAT
  2. 2.CanadaCA
  3. 3.SwitzerlandCH
  4. 4.ChinaCN
  5. 5.GermanyDE
  6. 6.FranceFR
  7. 7.United KingdomGB
  8. 8.HungaryHU
  9. 9.ItalyIT
  10. 10.SwedenSE
  11. 11.SingaporeSG
  12. 12.TurkeyTR

organizations

  1. 1.European Union
  2. 2.European Commission
  3. 3.Build Your Dreams
  4. 4.TeslaUS
  5. 5.Geely
  6. 6.Volvo
  7. 7.BMW
  8. 8.Kiel Institute for the World Economy
  9. 9.Mercedes-Benz
  10. 10.SAIC Motor
  11. 11.VolkswagenDE
  12. 12.World Trade Organization

persons

  1. 1.Volker WissingDE
  2. 2.Anaïs Boucher
  3. 3.Cui Dongshu
  4. 4.Elitsa Gadeva
  5. 5.Elon MuskUS
  6. 6.Felipe Munoz
  7. 7.Ferdinand DudenhöfferDE
  8. 8.In Jian
  9. 9.Isabelle Romero
  10. 10.Joe BidenUS
  11. 11.Lin JianCN
  12. 12.Margaritis Schinas

technicals

  1. 1.Dolphin
  2. 2.EX40
  3. 3.iX3
  4. 4.Minis
  5. 5.Model 3
  6. 6.Seagull