EU Mulling To Impose Additional Tariff Of Up To 38% On Chinese Electric Vehicles; Here's Why

On Wednesday, the European Commission announced provisional duties of up to 38.1 per cent on Chinese electric vehicle (EV) imports. The Commission's investigation determined that China's battery electric vehicle (BEV) value chain receives "unfair subsidies," posing a threat of "economic harm" to EU BEV manufacturers.

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The individual duties on three Chinese EV producers would be 17.4 per cent for BYD, 20 per cent for Geely and 38.1 per cent for SAIC. Other BEV producers in China, which cooperated in the investigation but have not been sampled, would be subject to the average duty of 21 per cent.

According to the Commission, all other BEV producers in China who did not cooperate in the investigation would be subject to the residual duty of 38.1 per cent. On October 4, 2023, the Commission formally initiated a probe on imports of battery electric vehicles originating in China.

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“Following a substantiated request, one BEV producer in China may receive an individually calculated duty rate at the definitive stage," the Commission said. Last month, US President Joe Biden announced plans to quadruple tariffs on Chinese EVs and hike duties for solar cells, semiconductors and other "strategic" sectors. The Biden administration plans to hike tariffs this year on Chinese EVs from 25 per cent to 100 per cent.

(Note: Except for the headline and the first paragraph, this article is not edited by Jagran English staff and has been published through a syndicated feed.)