The European Union is set to vote on September 25 regarding the imposition of final tariffs on electric vehicles (EVs) imported from China. The proposed tariffs could take effect as early as November, unless 15 EU member states, representing 65% of the bloc’s population, vote against the measure. However, sources indicate that the voting date could still be subject to change.
The European Union is set to vote on September 25 regarding the imposition of final tariffs on electric vehicles (EVs) imported from China. The proposed tariffs could take effect as early as November, unless 15 EU member states, representing 65% of the bloc’s population, vote against the measure. However, sources indicate that the voting date could still be subject to change.
The EU has proposed imposing additional tariffs on top of the standard 10% import duty on cars. Chinese automakers SAIC, Geely, and BYD would face tariffs of 36.3%, 19.3%, and 17%, respectively. Tesla, meanwhile, could see an additional levy of just under 8%. Reports suggest that these proposed tariffs might be slightly adjusted before the final decision.
In response, China’s Ministry of Commerce recently expressed its position, emphasizing its willingness to resolve the issue through dialogue while remaining committed to protecting the legitimate rights of Chinese companies. The Ministry stated that China would closely monitor the EU’s actions and take all necessary measures to defend the rights of its domestic firms.
This development could have significant implications for the electric vehicle market and EU-China trade relations in the coming months. Further updates on the voting process and the potential tariff adjustments are expected soon.
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