Home NewsAutomotive EU Imposes Duties on Chinese Electric Vehicles

EU Imposes Duties on Chinese Electric Vehicles

July 4, 2024
automotive

EU imposes duties on Chinese vehicles. The European Commission has imposed provisional duties on Chinese BEVs to protect the EU market.

The investigation revealed Chinese BEVs were subsidized, disrupting the EU market and causing industry injury.

Evidence confirmed subsidies led to market share gains for Chinese BEVs, threatening the EU’s BEV industry.

Several stakeholders requested anonymity to avoid retaliation, which the Commission granted after careful consideration.

Provisional duties will remain while the Commission continues its investigation and collects further data.

The duties aim to protect the EU’s electric vehicle industry and ensure fair competition in the market.