EU Slaps Additional Duties of Up to 38.1% on Chinese EVs

EU Slaps Additional Duties of Up to 38.1% on Chinese EVs

The European Commission has announced it will impose additional tariffs of up to 38.1% on Chinese Battery Electric Vehicles (BEV) from July on grounds that they were causing economic injury to European Union (EU) producers. As part of its ongoing investigation, the Commission has provisionally concluded that the Chinese BEV value chain benefited from unfair subsidization. It has reached out to Chinese authorities to discuss these findings and explore possible ways to resolve the issues…
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Source: https://www.mercomindia.com/eu-slaps-additional-duties-of-up-to-38-1-on-chinese-evs