The 20.7 per cent tariff is intended to apply to various Chinese producers, including Chery, Great Wall Motor Co, and NIO.
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Luxury Cars
Chinese automakers reject EU tariffs, label investigation unjust
by Biplab Dasby Biplab DasThe tariffs, which range from 17.4% to 37.6%, are aimed at preventing a perceived influx of cheap Chinese EVs allegedly subsidised by the Chinese government.
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This hearing was requested by major brandy houses including Martell, Hennessy, and Remy Martin.
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INDUSTRY NEWSLatest News
EU faces internal divisions over proposed tariffs on Chinese EVs
by Biplab Dasby Biplab DasThe decision, which has significant economic and political ramifications, highlights the challenges Brussels faces in garnering unified support for its largest trade case to date.
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The European Commission has announced plans to impose additional duties ranging from 17.4% to 38.1% on imported Chinese electric vehicles, citing excessive subsidies, potentially prompting …
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INDUSTRY NEWSLatest News
China labels EU’s electric vehicle subsidy probe as “unfair”
by Biplab Dasby Biplab DasThis development comes as tensions between China and the EU intensifies, partly influenced by Beijing’s closer ties with Moscow post-Russia’s invasion of Ukraine.
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Scania faced legal action from a German motor vehicle parts trade association, alleging the withholding of vehicle identification numbers violated EU privacy rules.
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INDUSTRY NEWSLatest News
European Union car sales show significant growth of 9.2%
by Biplab Dasby Biplab DasFully-electric car sales saw a significant increase of 14.3% compared to the previous year, demonstrating a growing consumer preference for electric vehicles.