EU escalates tariffs on Chinese electric cars
EU to vote on import taxes on Chinese electric cars
A pivotal European Union (EU) vote is set to take place later on whether to impose big taxes on imports of electric vehicles from China. 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.
Europe Expected to Approve Higher Tariffs on Electric Cars From China
The European Union is expected to support wielding tariffs on electric vehicles made in China, seeking to prevent unfair competition.
Scholz to bow to Beijing over Brussels tariffs on electric cars
Germany’s chancellor Olaf Scholz is poised to oppose trade tariffs on Chinese electric vehicles (EVs) in a move underlining deep political splits within the European Union.
Sweden, Volvo Cars hope for better deal on any EU Chinese EV tariffs
STOCKHOLM, Oct 4 (Reuters) - Volvo Cars hopes to avoid hefty tariffs when importing its China-made electric vehicles into Europe by reaching an agreement on pricing, the company and the Swedish government said on Friday, boosting the carmaker's shares.
Volkswagen CEO calls for EU to rethink tariffs on Chinese electric vehicles
The head of Volkswagen appealed to the European Union on Thursday to rethink its planned tariffs on electric vehicles from China, saying investment in Europe should be rewarded rather than punished. That was emphasised by Blume in an interview for the Bild am Sonntag,
EU escalates tariffs on Chinese electric cars amid division
On October 4, 2024, the European Union officially voted to increase tariff rates on electric cars imported from China. However, not all countries agreed on this issue. The issue of tariffs on electric vehicles from China significantly divided European politicians.
VW CEO: Chinese automakers should be allowed to avert tariffs by investing in EU
The CEO of German carmaker Volkswagen said the European Union should consider adjusting planned tariffs against China-made electric vehicles to make allowances for investments made in Europe. "Instead of punitive tariffs this should be about mutually giving credit for investments.
EU tariff hike on Chinese electric cars divides union
On October 4, 2024, the European Union officially voted to increase tariff rates on electric cars imported from China. However, not all countries were in agreement on this issue. The issue of tariffs on electric vehicles from China significantly divided European politicians.
German carmakers: EU electric car tariffs on China will raise prices
German carmakers on Saturday warned that consumers could face higher prices after the European Union paved the way for punitive tariffs on Chinese electric vehicles. Friday's decision could significantly damage Germany's automotive industry,
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EV tariffs are only the first step in EU-China war
First blood. The European Union has got its electric vehicle tariffs through. On Friday, member states voted for levies on ...
EU hits China with big taxes in electric car sales battle
Big taxes will be imposed on imports of electric vehicles from China to the EU after the majority of member states backed the ...
Automotive News19h
VW CEO Blume says China's EV makers should be allowed to avert higher tariffs by investing in EU
VW Group CEO Oliver Blume said Chinese automakers should get allowances for investments in Europe instead of punitive tariffs ...
EU countries vote to impose duties on China EVs ahead of an end-of-October deadline
European Union countries have voted to impose duties on imports of electric vehicles from China, as talks continue between ...
How China came to dominate the electric vehicle market, and what the U.S. can do to catch up
Although China has lapped the U.S. in shifting to electric vehicles, experts say the race is just getting started. Here's what America must do to get up speed ...
EU China EV Tariffs Deal Could Spark Trade Tensions
The EU conformed its decision to raise tariffs on Chinese EVs, leading to worries this might raise trade tensions.
EU votes in favour of hefty tariffs on China-made EV imports
The European Commission said on Friday it had received enough support in a vote of EU members to impose tariffs of up to 45% ...
China Buys Nearly All of Iran’s Oil Exports, but Has Options if Israel Attacks
Iran exports nearly half of its oil production and uses the rest for its own domestic needs. The sliver of Iran’s oil exports ...