Europe Votes to Slap China-Made EVs With Tariffs—but Tesla Gets Off Easy

Just one week after America’s 100 percent tariffs on China EVs kicked in, the European Union has voted to officially approve additional tariffs for electric vehicles imported from China, making it harder for Chinese automakers to compete in the European market.

The tariffs were proposed by the European Commission in June after it concluded that Chinese-made EVs have received significant government subsidies that create an unfair advantage. Electric vehicles made in China—both by Chinese brands and by Western ones like Tesla and BMW—will be subject to varying levels of import duties between 7.8 and 35.3 percent.

Out of 27 member states of the EU, 10

→ Continue reading at WIRED

Similar Articles

Advertisment

Most Popular